The Association of the Thai Automobile Industry is calling on the government to end the import tariff anomaly between complete-knocked-down units (CKD) and completely built-up (CBU) vehicles. Secretary General Vichai Juajamsai says the problem can be found within the Association of Southeast Asian Nations Free Trade Area (AFTA) agreement. “For example, a CBU (vehicle) in AFTA member (countries) carries an import tariff of only 0%-5%, while CKD manufacturers have to pay (a tariff on) ...
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