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Japan's key concessions ・Tariff elimination for virtually all industrial products within 10 years 2

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4015:Overview of the Elimination or Reduction in Tariffs under the Japan-Thailand Economic Partnership Agreement

Based on the EPA between Japan and Thailand, the tariff is scheduled to be eliminated for roughly 95% of the value of commerce between the two countries (approx. 97% of export from Japan and approx. 92% of import from Thailand) within 10 years from enforcement of the Agreement.

I. Agriculture, forestry and fisheries

1. Japan's key concessions

(a) Prawn & processed prawn products⇒ Immediate tariff elimination (b) Mango, mangosteen, durian ⇒ Immediate tariff elimination

(c) Chicken (excluding thigh meat with bone) & processed chicken products⇒ Reduction to 8.5% and 3%, respectively, in five years

(d) Tunas, in airtight containers⇒ Tariff elimination in five years

2. Thailand's key concessions

・Apples, pears and Chinese yam ⇒ Immediate tariff elimination II. Industrial products

1. Japan's key concessions

・Tariff elimination for virtually all industrial products within 10 years

2. Thailand's key concessions

(a) Steel ⇒Tariff elimination for all steel products within 10 years

(b) Automotive parts (for production) ⇒ Tariff elimination after seven years as a general rule for engines, etc, and after five years as a general rule for others

(c) Motor vehicles (finished) (more than 3,000cc) ⇒ Tariff reduction in phases to 60%

in three years

(d) Motor vehicles (finished) (under 3,000cc) ⇒ Talks to be held once again in the sixth year

4015 1/1

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