Trade policy and regulation

Thailand set to sign RCEP trade deal

Thailand will attend the signing of the long-awaited Regional Comprehensive Economic Partnership (RCEP) at the 37th Asean Summit under the chairmanship of Vietnam next week.It will be the first-ever virtual signing of an agreement Asean has undertaken, a Foreign Ministry official said on Thursday.Keep reading ...

Thana Boonlert

RCEP agreement to be inked in November: Thai ministry

Thailand’s Ministry of Commerce said on Friday that the Regional Comprehensive Economic Partnership (RCEP) agreement is ready to be signed in November, and is expected to take effect in the second half of next year.At the 8th RCEP Ministers’ Meeting held on Aug. 27 through ...

Trade department to push for RCEP signing in October

The Department of Trade Negotiations will urge the Cabinet in October to consider signing the Regional Comprehensive Economic Partnership (RCEP) pact, the department’s director general Auramon Supthaweethum said.She added that the vetting of all 20 chapters of the accord had been completed and that it ...

The Nation Reporter

Thailand – Cambodia border reopening proposed to resume bilateral trade

A vice chairman of the Sa Kaeo provincial council has proposed the reopening of the Aranyaprathet border crossing to resume border trade.Thongwara Maksakhon, the vice chairman of the provincial council, said that he would like to ask relevant authorities to make it clear if or ...

Ministry to consider tax perks to stimulate retail spending

The Finance Ministry is ready to consider retail operators’ proposal for tax breaks on shopping to stimulate domestic spending, says Finance Minister Uttama Savanayana.The ministry has delegated related agencies, including the Fiscal Policy Office, the Revenue Department and the Excise Department, to examine the possibilities, ...

Bangkok Post Reporter

Industrial group supports Thailand joining CPTPP

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the move to make Thailand a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost the nation’s international trade in the post-pandemic period.The panel’s stance, unveiled on Tuesday by the ...

Lamonphet Apisitniran

Companies want clarity on CPTPP

The private sector is calling for a quick and clear stance from the government on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).Companies cited foreign investors who have already invested and are interested in further spending in Thailand, though they are waiting for the ...

Phusadee Arunmas

Govt to consider joining Asia-Pacific trade pact in a month

The cabinet has agreed to set up a committee to consider whether Thailand should seek membership in an Asia-Pacific trade agreement after widespread opposition last month amid concerns joining the pact may harm the agriculture industry.The lower house panel will open for public opinions on ...

Partners vow to press on with signing RCEP deal

Dialogue partners remain committed to signing the Regional Comprehensive Economic Partnership (RCEP) by the end of the year as scheduled despite the spreading coronavirus, which has put off most face-to-face meetings of Asean, the World Trade Organization, the Asia-Pacific Economic Cooperation and the RCEP in ...

Phusadee Arunmas

Export-Import Bank of Thailand launches New Year schemes to help SMEs

In making the announcement, the bank’s president Pisit Serewiwattana noted that the 2019 global economic and trade expansion at 10-year low rates of 3.0 per cent and 1.1 per cent respectively and the prevailing low inflation and interest rates have dampened Thailand’s international trade.Keep reading ...

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