EGA negotiates to upgrade LED lighting products or achieve zero tariffs

Zhuo Shizhao, the deputy head of the Ministry of Economic Affairs, said recently that the WTO's "Environmental Commodity Agreement" (EGA) will enter the second phase of negotiations next month. In the future, there will be an opportunity for LED lighting products to be listed in a tariff-free list, which will help Taiwan to excel. LED merchandise marketing all over the world.

At present, LED lighting products are exported to mainland China with tariffs of about 5% to 20%. The Ministry of Economic Affairs believes that if the EGA tax-free project is included, it will be able to export LED lighting to the mainland with zero or lower tariffs before the completion of cross-strait goods and trade associations. .

Zhuo Shizhao made the above remarks yesterday when he responded to the KMT legislator Ding Shouzhong asking questions about EGA progress.

He also mentioned that many lighting companies are planning to invest in Malaysia, and they hope to use the zero-tariff treatment of the free trade agreement that the mainland and ASEAN have already entered into, and they will be deployed in the mainland and ASEAN markets.

EGA under the WTO currently has 17 member countries, including the mainland, Taiwan, Australia, Canada, Costa Rica, the European Union, Hong Kong, Iceland, Israel, Japan, Singapore, South Korea, New Zealand, Norway, Switzerland, the United States and Turkey; The number of products reached 54 items. The fifth round of EGA negotiations was held in Geneva in mid-March.

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