Thailand and Brazil talk poultry tariffs, bilateral trade
The Foreign Ministers of Brazil and Thailand have undertaken to
strengthen bilateral relations in trade, investment and tourism between the two
Thailand's Foreign Minister Kantathi Suphamongkhon and his Brazilian
counterpart Celso Amorim met during his official visit to Brazil this week.
During the meeting, Mr Kantathi discussed a plan in which Thailand would
forge an alliance with Brazil to negotiate with the European Union (EU)
regarding its new
tariff regime and quota system on chicken exports from Thailand and
Currently, the EU has imposed duties of 15.4 percent on Brazil's salted
chicken and a 10.9 percent levy for cooked chicken from Thailand.
However, under its new tariff regime, the EU will impose a flat rate of 53
percent for any imports above the given quota, which will badly affect the
economies of both countries.
Mr Kantathi said the two countries want to increase their bilateral trade
from US$15 billion currently to US$20 billion in the near
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