THE WORLD TARIFF PROFILES 2021 HAS BEEN PUBLISHED
The WTO published on July 14 the 2021 edition of World Tariff Profiles, a joint publication with the International Trade Center the United Nations Conference on Trade and Development (UNCTAD), which provides information on tariff and non-tariff customs measures imposed from over 170 countries and territories.
KOREA, FREE TRADE AGREEMENT TO BE UPDATED?
In 2011, Korea became the first trading partner of the European Union in Asia to sign a Free Trade Agreement. In 2020, the volume of trade between Korea and EU countries reached 90 billion euros, an increase of 45% compared to 60 billion euros ten years ago.
EU AND THAILAND REOPEN NEGOTIATIONS
Proof of agreement. Thailand reopens dialogue with the European Union, with the aim of concluding a Free Trade Agreement that has been under discussion for years and suspended more than seven years ago. The first step was on 17 June, in a conversation between the EU Ambassador to Thailand and the Thai Minister of Commerce.