Post by account_disabled on Jan 3, 2024 2:17:29 GMT -5
The Department of International Trade Negotiations is following the case of the rice tax quota dispute between the United States and China after the WTO ruled that the tax quota administration is contrary to the commitments that China has committed to in the WTO. As a result, China must improve the quota administration to be transparent, fair, and The conditions are clear. It is expected that it will definitely have a positive effect on Thai rice exports to China. But we have to wait and see whether China will appeal or not.
Mrs. Oramon Sapthaweetham Director-General of the B2B Email List Department of International Trade Negotiations revealed that the Department has been following up on the results of the World Trade Organization (WTO)'s publication of the report on the decision in the case of the United States. Filed a lawsuit against China under the WTO dispute resolution process over its management of tariff quotas on wheat products. China's short, medium and long grain rice and corn violate China's WTO commitments, the ruling said. As a result, China must improve quota management to be more transparent, predictable, and fair. There must be clear conditions and processes. and does not prevent the full use of the quota amount.
Therefore, it may be an opportunity for Thailand to expand rice exports to China. The WTO stated that China has set conditions and criteria for quota allocation that are vague and not transparent, without publishing details and guidelines. Including conditions that go against the principles of commercial use, such as requiring that importers of wheat and corn under quotas must produce only in their own factories. and not explaining details in dividing quota quantities for private and state enterprises. In the past, China National Cereals, Oils and Foodstuffs Corporation (COFCO), a state enterprise that allocated quotas. Unused quota has not been returned. This closes the opportunity for the private sector to receive quota allocation in that section.
Mrs. Oramon Sapthaweetham Director-General of the B2B Email List Department of International Trade Negotiations revealed that the Department has been following up on the results of the World Trade Organization (WTO)'s publication of the report on the decision in the case of the United States. Filed a lawsuit against China under the WTO dispute resolution process over its management of tariff quotas on wheat products. China's short, medium and long grain rice and corn violate China's WTO commitments, the ruling said. As a result, China must improve quota management to be more transparent, predictable, and fair. There must be clear conditions and processes. and does not prevent the full use of the quota amount.
Therefore, it may be an opportunity for Thailand to expand rice exports to China. The WTO stated that China has set conditions and criteria for quota allocation that are vague and not transparent, without publishing details and guidelines. Including conditions that go against the principles of commercial use, such as requiring that importers of wheat and corn under quotas must produce only in their own factories. and not explaining details in dividing quota quantities for private and state enterprises. In the past, China National Cereals, Oils and Foodstuffs Corporation (COFCO), a state enterprise that allocated quotas. Unused quota has not been returned. This closes the opportunity for the private sector to receive quota allocation in that section.