The 5th meeting of the Asean Trade in Goods Agreement Trade Negotiating Committee was held from July 31 to August 3 in Jakarta, Indonesia. The purpose of the meeting was to negotiate and update the agreement , ensuring it remains relevant amidst trade changes. The meeting made significant progress, with a goal to conclude negotiations by 2024.
During this meeting, Thailand pushed for Asean countries that still impose customs duties on products imported from within Asean to reduce, or eliminate those duties, according to Duangarthit Nidhi-u-tai, deputy director-general of the Commerce Ministry’s Department of Trade.
Since the implementation of Atiga in 2010, which has resulted in the elimination of customs duties on 98.64% of traded goods. Thailand’s exports to Asean have significantly increased, growing by over 63% in the 12 years from 2010 to 2022.
Asean is Thailand’s top…
