EU TRADE POLICY

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EU TRADE POLICY

• The EU in World Trade
• How does EU trade policy work
• What the Delegation can do for EU Business
• How to improve relations between business and
  Delegation

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1. The EU in World Trade
20 of world trade 19 world trade in goods, 24
world trade in services
Second largest importer
A major trading power
First exporter
Foreign direct investment (FDI) EU-15 source of
46 of the worlds FDI (235 billion) and hosts
20 of the worlds FDI (119 billion)
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1. The EU in World Trade

• EU as an economic world power

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1. The EU and Thailand

• The EU is third largest export market - after
  ASEAN and the US.
• Thai exports in 2005 Euro 11.4 billion.
• EU is third largest supplier - after Japan and
  ASEAN.
• EU supplies in 2005 Euro 8.4 billion.
• EU among the biggest investors in Thailand (after
  Japan).

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2. EU trade policy basic features

• EU
• Trade negotiations
• Market Access issues
• Trade policy instruments antidumping,
  antisubsidies, etc.

• Member States
• Export promotion
• Investment promotion

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3. What can the EC Delegation in Bangkok do for
EU business

• Help you with market access issues
• Take into account your interests and priorities
  on bilateral, regional and WTO negotiations
• BIC - Assist companies who would like to export
  to the EU regulations
• Provide financial support for certain activities

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3.1 - Market access

• Is Thailand respecting its international
  obligations?
• Discriminating against EU companies?
• Imposing unnecessary requirements on imported
  products?
• Protecting its domestic industry?
• Examples customs valuation, labelling
  requirements, import bans, standards, etc.

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3.1 - Market Access

• What can we do to help companies?
• Examine the compatibility of Thai regulations
  with international laws
• Bilateral discussions with Thai authorities at
  all levels
• Raise this issue in the WTO committees
• Launch a Trade Barriers Investigation
• Bring the matter to the WTO Dispute Settlement

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3.2 - Trade Negotiations

• Make your views known on WTO, ASEAN and FTAs to
  our policy makers and negotiators.
• What are the areas EU business would like
  Thailand to liberalise?
• What are the products they would like greater
  reductions of import duties?
• Is the EU business interested in a Free Trade
  Agreement with Thailand?

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3.3 - Business Information Center (BIC)

• Regulatory aspects of doing business in the
  Single European Market
• Promoting EU Co-operation programmes
• Encouraging cooperation among the European
  business community (Thailand)

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Frozen image of web page
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3.4 - EU Co-operation programmes
Asia-Invest -gt investment Asia-ProEco -gt
environment Asia-Link -gt higher education Asia
ITC -gt information technology EU Thailand
Small Projects Facility gt trade
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Small Projects Facility

• Enhance the relationships between EU and Thailand
  on trade, investment and related areas in order
  to strengthen the economic partnership.
• Organisation of ad-hoc seminars and workshops and
  mobilisation of ad-hoc short-term, technical
  expertise, etc in areas of bilateral trade and
  investment.

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4. How to improve relationships between EU
business and Delegation

• EU business in Thailand share concerns and
  interests no real difference by nationality.
• Need for closer co-operation among business
  groups and chambers.
• Benefit from EU and MSs economic and political
  clout
• Make your voice heart to Thais and EU.
• Example of cosmetics and alcohol regulations

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For further info
Website www.deltha.cec.eu.int/bic
Email delegation-thailand_at_cec.eu.int