Global Trade Alert
Global Trade Alert

Thailand: Promotion of machinery upgrades to counter the strengthening Baht

Announcement

24 Nov 2010

In November 2010, the government of Thailand announced a change in production support.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

24 Nov 2010

Revocation date:

31 Dec 2014

Updated: 24 Nov 2010
Import tariff

Imports of machinery from participating projects are no longer subject to import duties. While this tax relief benefits the competitiveness of the project's output, it is also a targeted tariff red...

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Implementation date

24 Nov 2010

Revocation date:

31 Dec 2014

Updated: 24 Nov 2010
Tax or social insurance relief

Effective 24 November 2010, the Board of Investment of Thailand introduced new investment incentives to upgrade production machinery. The stated purpose of these incentives is to counter the effect...

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