IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 Nov 2009 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

Effective 16 November 2009, Thailand's Board of Investment, as per Announcement No. Sor 1/2553, introduced the condition that in order to obtain incentives for investments in "Plant propagation & development" for plants indigenous to Thailand such as rice, orchids, fruits and herbs, the project must require not less than 51% ownership by Thai nationals.
 
According to the Announcement, the measure was implemented to protect Thai entrepreneurs from foreign investments under the ASEAN Comprehensive Investment Agreement.
 
 

AFFECTED COUNTRIES

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