If the issue is going to affect SMEs, Thailand now open free trade TPP (Trans Pacific Strategic Economic Partnership Agreement) is ano...
If the issue is going to affect SMEs, Thailand now open free trade TPP (Trans Pacific Strategic Economic Partnership Agreement) is another one that is very interesting. In making this request led TPP told Thailand to benefit operators doing business associated with the TPP countries have been prepared in such matters even more.First of all, we see that the TPP is TPP refers to the Framework Agreement on Economic Strategy - Asia Pacific, or a simple TPP is FTA (Free Trade Area) in a form for TPP consists of 12 countries including the US, Canada, Mexico. Chile, Peru, Malaysia, Singapore, Brunei, Vietnam, Australia, New Zealand and Japan, a trade group members will contribute to giving effect to the entrepreneurs of Thailand and the country where there is no agreement FTA with third countries, including the US, Mexico and Canada, because later on. Open a Free Trade TPP in force, then it will affect the operators Thailand. The member countries will gradually reduce tariffs on imported goods as well. Enabling operators to Thailand in agricultural products and industrial goods exports to TPP member countries is unfavorable, the import duty. Because Thailand has taxable goods imported at the same rate, which is higher than the tax rates of member countries has declined as well.
In addition, Thailand's industrial products are exported indirectly. Through the production chain to enter the country, the TPP is faced with the obstacle of the Rules of Origin (Rules of Origin or ROO) that exclude the use of the product outside the country because of ROO requiring Member States TPP requires. Materials within the group to 75% and allows the use of raw materials from outside the group, only 25% of the impact will occur in the near future, operators Thailand would be difficult to avoid, so operators Thailand should prepare. and with the opening up of trade TPP has recommended guidelines, which would be an interesting solution that enables operators to Thailand more.1) Find a partner to bring products manufactured in Thailand TPP members inserted into one of the Value Chain indirect method is ideal for operators that Thailand can produce parts or materials that can be assembled in group membership. The business that has got to be able to insert themselves into a business that produces TPP countries is not enough. And the operators in the group will be reminded of raw materials from Thailand as the first country outside the EU. The business that will likely include electrical appliances and automotive electronics, and so on.
2) expand production to TPP member countries, this is the choice for entrepreneurs who are ready. Capital and expertise to market overseas. But for entrepreneurs that Thailand is still limited in expanding production abroad. Now you have to plan for risk provisioning occurs. Due to the impact of orders decreased by members of TPP solution should turn to other related business. Or adapt to a wider range of processed goods.
3) Look for new markets It's a great way to help spread the risk to operators Thailand. The deterrent effect of opening trade TPP entrepreneurs disadvantage Thailand. Entrepreneurs Thailand should look for new markets such as the AEC market or markets RCEP (Regional Comprehensive Economic Partnership), which is an important market and is being launched on the market at close to the market TPP as well by the market RCEP includes the country. China, Japan, South Korea, India, Australia and New Zealand.
Doing business there are many factors that come into making a barrier to trade. The new trade rules and so the ideal solution is an entrepreneur Thailand should focus on raising productivity levels. By bringing technology and innovation to involvement in the manufacturing process to help meet the needs of a rapidly changing market. It also helps maintain some TPP markets, it also increases the potential to spread to other markets as well.
