Thursday, April 25, 2024

Thailand Calls on Vietnam to Ease Trade Obstacles

The Commerce Ministry reports that Thailand is calling on Vietnam to ease trade obstacles on sugar products and to facilitate drug registration, as well as land transportation at border checkpoints.
Minister Jurin Laksanavisit said, after a discussion on Monday with Phan Chi Thanh, Vietnam’s Ambassador to Thailand, that the Commerce Ministry asked Vietnam to help relax protective trade measures on sugar imports from Thailand.

Vietnam’s plan to reintroduce duties on raw sugar comes after the Vietnamese Industry and Trade Ministry conducted an anti-dumping (AD) and countervailing duty (CVD) investigation, which started last September, following complaints by Vietnam sugar industry officials.
The minister said the Thai government also called on Vietnam to relax complicated regulations on drug registration in Vietnam.

He noted that Thai drug exporters have complained that the generic drug registration processes in Vietnam is more complicated and requires more documents than the ASEAN standard and the World Health Organization’s (WHO) requirements.

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