Leadership from EuroCham’s Sectoral Committees presented updates on issues raised at preceding PPSDs. Two resolved items were highlighted first: the long-standing ambiguity over the definition of ‘new car’ used by grey market importers has been closed through alignment between GDCE and the Ministry of Commerce, and open-lid prize promotions for alcoholic and non-alcoholic beverages will be officially prohibited from 1 October 2026 under Prakas 4528. Progress was also reported on Renewable Energy Certificates, with the Ministry of Mines and Energy committing to further dialogue.
On red tape, EuroCham’s initiative identified five actionable areas, with a key finding that 59% of QIP registration documents are currently requested more than once across agencies. Four new items were introduced: a proposed shift in the 1% Prepayment Tax base, recognition of international regulatory authority evaluations for medicine registration, initial steps toward a Commercial Arbitration Court, and a call for a minimum legal purchasing age for alcohol. EuroCham also raised the potential to unlock a $126 million textile recycling market through a targeted QIP regulatory reform.
