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Exports to Europe expand by 26% in 2007


March 30, 2008

Exports to Europe expand by 26% in 2007

Thailand's exports to the European Union (EU), which brought in $23 billion  in foreign exchange earnings last year, showed an increase 26 percent year on year.

Key shipments to the EU included computer parts, pickup trucks, airconditioners, cooked chicken, ornamental goods and rubber, according to Apiradi Tantraporn, director-general of the Foreign Trade Department.

Out of that total, the values of the goods exported under the generalised system of preferences (GSP) - airconditioners, eyeglass lenses, footware and shoes, canned pineapple, rubber products and processed shrimp - was registered at about $7billion, up 34.22 percent from 2006.

The EU is now reviewing regulations of goods origin under the GSP programme between 2009 and 2011, and it is allowing developing countries to express their opinions and reactions regarding the regulations. The revision is expected to be enforced on January 1, 2009.

Concerned Thai government agencies will be invited to air their opinions on the planned revision regulations relating to the origin of goods and the results will be given to the EU via the Thai commercial attache in Brussels, the official said.

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