Thai Regional Free Trade Agreements (FTA) and their Effect on the Automotive Industry in Thailand

Komolavanij, Somrote; Jeenanunta, Chawalit; Chongphaisal, Pornpimol; Ammarapala, Veeris

doi:10.4337/9780857935137.00010

Cited by 3 publications

(4 citation statements)

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“…There is clearly a role here for countries like Thailand, which has been highly successful in improving the productivity of the agricultural sector [37] and its downstream supply chain, including the processing, marketing, and distribution of products to the worldwide market (for instance, see [38][39][40]). The aim would be to develop long-term rural extension services, where specialists work in the community to improve productivity and work with the government to develop downstream opportunities for processing, marketing, and logistics.…”

Section: Benefits Frommentioning

confidence: 99%

How Can the Least Developed Member Countries of ASEAN Benefit from the 4th Industrial Revolution?

Smith

2021

Walailak J Sci & Tech

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The ASEAN members Cambodia, Lao DPR, and Myanmar have been classified by the United Nations as least developed countries, with many of their citizens living below the poverty line, and its workers predominantly rural. This paper seeks to ascertain how these 3 countries can benefit from the 4th Industrial Revolution (4IR) and the changes required so that their citizens can benefit from increasing economic prosperity, improved social well-being, rising human values, and environmental protection. In this context, the 4IR can be defined as the revolutionary change when information technology proliferates in all industries and is the connection between technology and the market. An analysis of the contemporary data and reports, mainly from the Asian Development Bank and the World Bank, has identified niches which each of the economies can develop on the path to the 4IR. The analysis has also identified a common impediment to progress: namely, the current state of development of the educational system, with curricula which are often not relevant to the needs of the current and future market, and the methods of their delivery in both formal education and industrial training. The changes must ensure that recipients are encouraged to develop skills in critical thinking and communication, including the ability to ask questions. Finally, the paper suggests an appropriate model for the 4IR and the development stages for these economies as they move along the path to reach this goal.

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Section: Benefits Frommentioning

confidence: 99%

How Can the Least Developed Member Countries of ASEAN Benefit from the 4th Industrial Revolution?

Smith

2021

Walailak J Sci & Tech

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“…The benefits of bilateral and multilateral trading system which had been earned by Thailand since 1990s reflected in Thai's double-digit growth. The growth was mainly caused by higher export value from manufacturing sectors which linked to global markets, which encouraged Thailand to become more outward-oriented (Komolavanij et al, 2008). The positive trade balances has led Thailand to expand its bilateral and multilateral agreement to provide larger markets for exports, where preferential tariff treatment for imports were also important to reduce material and intermediate goods costs for local production (Cororaton, 2013).…”

Section: Research Backgroundmentioning

confidence: 99%

“…Among Association of South East Asian Nations (ASEAN) members, Thailand has been actively expanding its FTAs and developing international economic relations to enhance its global markets (Komolavanij et al, 2008). Thailand has signed and entered into force fifteen Free Trade Agreements (FTAs).…”

Section: Research Backgroundmentioning

confidence: 99%

Rules of Origin and Origin Procedures Challenges When Thailand Joins CPTPP

Srisupornphan¹,

Riesfandiari²

2020

craj

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We study challenges might be faced in Rules of Origin (ROO) and origin procedures practices when Thailand decides to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). ROO and origin procedures currently most practiced for multi-lateral FTAs in Thailand is those under ATIGA, become the comparison benchmark. This study shows several core differences between ROO and origin procedures under ATIGA and CPTPP. By using literature study and interview method, it is argued that CPTPP practice is more liberalised and flexible than ATIGA practice. However, several challenges are identified, namely: CPTPP’s relaxed requirements of originating goods which may impact to Thai’s industries; Thai’s unfamiliarity with Regional Value Content (RVC)’s calculation methods need careful attention and knowledge improvement so that Thai’s firms will be able to declare accurate information for the certificate of origin (c/o) issuance; liberal accumulation that highly facilitates trade; and the producer, exporter, and importer are allowed to issue the certificate of origin where pre-exportation origin verification and checking on certificate of origin accuracy are not inspected by any authority in the exporting Party. Circumventions may be occurred and become Customs’ challenges due to responsibilities of Customs are both trade facilitation and revenue collection.

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“…They also show the extent to which a country has been able to protect a particular domestic industry or sector from higher import competition. Tariffs are an important component that needs to be considered when analyzing the outcome of FTA negotiations; however, one can also analyze the percentage of duty free tariff lines that are included in the agreement (Williams, Manyin, Jurenas & Platzer, 2014), the types of non-tariff barriers (NTBs) that are evident (Komolavanji, Jeenamunta, Ammarapala & Chongphaisal, 2008) as well as the overall scope of the agreement (Williams et al, 2014), in other words what is included in the agreement such as goods, services, NTBs, intellectual property rights and rule of origin stipulations. In this instance, the United States–Korea Free Trade Agreement (KORUS) FTA is considered to be broad and significant in its scope while the Korea/India Comprehensive Economic Partnership Agreement (CEPA) FTA is very narrow in its coverage and in the types of concessions made.…”

Section: Review Of Literaturementioning

confidence: 99%

An Industrial Sector Analysis of the Factors Influencing FTA Negotiation Outcomes

Wood

2017

Global Business Review

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This study examines the way in which economic and non-economic factors impact the outcome of international FTA negotiations from an industrial sector perspective. This study demonstrates that the result of negotiations, as measured by the share of duty free tariff lines, is significantly affected by both non-economic and economic factors. The results from the study showed that five of the eight variables tested were statistically significant, of which two were non-economic (union membership and ruling party ideology) and three were economic (import penetration, industrial sector unemployment rate and the most favoured nation rate of duty free tariff lines) in nature. This empirical study also draws a number of conclusions as to the implications of these findings.

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Thai Regional Free Trade Agreements (FTA) and their Effect on the Automotive Industry in Thailand

Cited by 3 publications

References 0 publications

How Can the Least Developed Member Countries of ASEAN Benefit from the 4th Industrial Revolution?

How Can the Least Developed Member Countries of ASEAN Benefit from the 4th Industrial Revolution?

Rules of Origin and Origin Procedures Challenges When Thailand Joins CPTPP

An Industrial Sector Analysis of the Factors Influencing FTA Negotiation Outcomes

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