Thailand Intensifies Crackdown on Substandard Imports and Foreign Ownership Laws
Government vows to tackle influx of poor-quality goods and 'nominee' firms after concerns raised by international authorities
The Thai government has instructed the Commerce Ministry to increase checks on substandard goods entering the country, as well as those falsely claiming Thai export status.
The move aims to address concerns over illegal foreign trade practices, including the use of 'nominee' companies to circumvent foreign ownership laws.
According to officials, over 29,000 cases involving substandard goods have been pursued through the courts, with efforts now being intensified.
Additionally, 852 companies suspected of using Thai nationals as nominees to mask foreign ownership are under investigation, with a total registered capital of 15.888 billion baht.
A further 49,000 companies with foreign shareholders are also being scrutinized to determine if they are operating within the legal framework.
The government has emphasized that consumer safety and quality of life are top priorities in product control, with existing laws to be strictly enforced.
All imports will face equal scrutiny based on established industry standards for goods, food, and pharmaceuticals.
This includes ensuring that labels on electrical appliances are clearly provided in Thai.
The Commerce Ministry will lead the checks and has the authority to instruct online platforms to remove substandard items.
Furthermore, any online platform wishing to sell goods in Thailand will be required to register domestically, bringing all operations within the legal system.
Suspiciously cheap goods found on online platforms will be investigated to verify their legal entry and quality certifications.