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    Home > Food News > Food Articles > Thailand initiates special protection measures for imported coconuts

    Thailand initiates special protection measures for imported coconuts

    • Last Update: 2021-10-19
    • Source: Internet
    • Author: User
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    According to a report by the Thai World Daily on October 6, the Deputy Spokesperson of the Prime Minister's Office of Thailand, Ms.
    Ratchadam, pointed out that the Cabinet Meeting decided to initiate the "Special Protection Measures" (SSG), which stipulates the import of coconuts across the country under the framework of the WTO and the Free Trade Agreement.
    The quota is capped at 311,200 tons.
    If the company imports coconuts in excess of the amount obtained, a 72% tariff will be levied, which exceeds the 54% tariff rate previously stipulated for additional imported coconuts .
    Coconuts imported in accordance with quotas are subject to zero tariffs in accordance with the free trade zone tariff standards .
     
    The cabinet meeting also approved 15 companies to import a total of 78,500 tons of coconuts from September to December, but these companies also purchase domestically produced coconuts at a ratio of 1:2.
    5 while importing coconuts, so as to promote more farmers to cultivate and plant.
    Produce high-quality coconuts
    .
     
    It is reported that the implementation period of the above special protection measures will expire on December 31 this year.
    The Ministry of Agricultural Cooperatives estimates that Thailand will produce a total of 876,000 tons of coconuts this year, while the coconut processing industry demand is 1.
    269 million tons, so 418,000 tons need to be imported.
    Fill the gap between supply and demand
    .
    The price of coconuts in Thailand in August was 8.
    19 baht per unit, and the main source of imports was Indonesia
    .

    Coconut Import Standard
     
      The cabinet meeting also approved 15 companies to import a total of 78,500 tons of coconuts from September to December, but these companies also purchase domestically produced coconuts at a ratio of 1:2.
    5 while importing coconuts, so as to promote more farmers to cultivate and plant.
    Produce high-quality coconuts
    .
     
      It is reported that the implementation period of the above special protection measures will expire on December 31 this year.
    The Ministry of Agricultural Cooperatives estimates that Thailand will produce a total of 876,000 tons of coconuts this year, while the coconut processing industry demand is 1.
    269 million tons, so 418,000 tons need to be imported.
    Fill the gap between supply and demand
    .
    The price of coconuts in Thailand in August was 8.
    19 baht per unit, and the main source of imports was Indonesia
    .

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