KPMG Forum for Foreign Investors

This KPMG Forum will focus on the impacts of the Free-Trade Agreements (FTA) on the business community and how companies can utilize FTAs to their fullest potential while staying compliant with the complex FTA rules, as well as explore opportunities emerging from the recent Regional Comprehensive Economic Partnership (RCEP) developments.

 

We will also provide an overview of the final draft of Thailand’s Customs Act, which was approved by the National Legislative Assembly in March 2017. This is by far the largest development in Thailand’s customs landscape since the customs law was introduced in 1926. Business operators in Thailand anticipate a significant impact on their import and export transactions.

 

These issues are significant because most of the countries in Asia Pacific are a member of more than one trade agreement. There are many bilateral and multilateral agreements that are already effective in ASEAN, such as the FTA. The currently negotiated RCEP is becoming increasingly relevant. It is an opportune time for businesses to review their supply chain footprint, assess whether they are optimizing the use of the existing FTAs and consider new opportunities that would arise from the development of the RCEP.

 

Within this context, this KPMG Forum for Foreign Investors will be specifically covering the following topics:

• Trade and customs hot topics
• The impacts of the FTAs, RCEP and the ASEAN Economic Community (AEC) on supply chain
• Understand the common pitfalls when applying FTAs
• Evolution of trade and customs management through technology tools and solutions