Promote the use of GSP benefits to increase price advantages for export products.

House of Representatives, 1 June - The Prime Minister promotes the use of GSP benefits to increase the price advantage of export products. and economic value in the first 2 months of 2024 using GSP and totaling 480.78 million US dollars. Champion rubber gloves exported under the highest GSP. Mr. Chai Watcharong, spokesman for the Prime Minister's Office, revealed that Mr. Settha Thavisin, Prime Minister, encourages Thai entrepreneurs to take advantage of the Generalized System of Preference (GSP) with trading partners that receive it. Rights During January-February 2024, Thailand has increased the use of GSP benefits in a variety of products. In 2024, during January-February 2024, there were figures for trade benefits under the GSP system with a total value of 480.78 million US dollars. A spokesman for the Prime Minister's Office said that according to information from the Department of Foreign Trade Thailand has general trade privileges for exports under the preferential tariff system. Currently, Thailand can use GSP rights in four groups of countries: the United States, Switzerland, Norway, and the Commonwealth of Independent States (CIS). ) During January-February 2024, Thailand has used all GSP rights, totaling 56.92% of the total export value of eligible products, totaling 480.78 million US dollars. Thailand has the highest number of exports of goods under GSP rights to the United States, with a total value of 444.69 million US dollars. Accounting for 62.17% of eligible products. by exporting products to the United States Under the use of GSP rights, the top 5 products with the highest export value are rubber gloves, prepared foods. Plastic floor coverings are made from vinyl chloride polymers. Large travel chest or garment bag and citric acid or citric acid which rubber gloves It is the product with the highest value of exports using such rights at a value of 22.61 million US dollars. This is an increase of 30% from the same period of the previous year, which Thailand is considered an important source of imports of rubber gloves from the United States. The United States ranked second in imports of rubber gloves from Thailand, with a total value of 32.76 million US dollars. In addition, during the same period, Thailand exercised GSP rights with Switzerland. Total value is 32.91 million US dollars. In products such as Jewelry and with Norway, totaling 2.28 million US dollars. In products such as women's or girls' suits made from wool. including with the Commonwealth of Independent States (CIS), totaling 0.91 million US dollars. In products such as canned pineapple 'The Prime Minister orders relevant agencies to facilitate finding channels for entrepreneurs to increase business value from various benefits. between trading partners Create a trade handicap For using such benefits It is considered another channel that helps create product price advantages for Thai entrepreneurs who export products to sell in partner countries. Increase the ability to compete with other exporting countries,' Mr. Chai said. Sourc e: Thai News Agency