Thailand urges US to restore GSP to give trade protection

Thailand is accelerating discussions with the United States, aiming to reinstate the Generalized System of Preferences (GSP) and eliminate its place on the intellectual property assets watch list. The kingdom is urging the US to expedite the restoration of the GSP programme, which concluded in 2020, to safeguard the benefits of Thai exporters and US importers and give protection to the international trade.

Rachavitch Piyapramote, the deputy director-general of the Department of Trade Negotiations, spearheaded the Thai delegation for a meeting with senior officials at the Office of the United States Trade Representative (USTR) in Washington. Sarah Bianchi, Deputy USTR, chaired the gathering.

Rachavitch explained that the meeting presented a golden opportunity to reinvigorate the trade relations between both countries following a standstill of over…