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Somsak Paneet, president of the Thai Shrimp Association, said that the cancellation of GSP privilege will affect not only on shrimp export but also other industries such as garments and jewelry. Unfortunately, it becomes more complicate since the United States Trade Representative (USTR) put Thailand to its Priority Watch Lists.
Moreover, Thai shrimp exporters also ask the Commerce Ministry to file complaints against the U.S. at the World Trade Organization. This is because Thai shrimp exporters have to face with the imposition of “zeroing” and the over “continuous-bond” payments, imposed by the U...
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