Trade policy and regulation

Thailand looks poised to improve free trade agreements (FTAs) under the Asean framework next year, aiming to extend tariff cuts to cover more products, particularly sensitive items.The Trade Negotiations Department also wants to upgrade agreements so they are in line with changing economic conditions.Keep reading ...

A free trade agreement (FTA) with the EU is likely to stimulate not only exports but imports and investment as well, helping to raise Thailand’s GDP by 1.63% a year, says a joint study by the Trade Negotiations Department and the Institute of Future Studies ...

Notoriously labelled a ceremonial “talk shop” without any tangible outcomes, the latest Asean Summit in Bangkok finally proved critics wrong as regional leaders made progress in settling a mammoth trade pact despite India’s departure.The Regional Comprehensive Economic Partnership (RCEP) is a proposed free-trade agreement between ...

US commerce secretary Wilbur Ross on Monday wrapped up his two-day visit to Bangkok by assuring his hosts that Washington was open to negotiations over its decision to suspend the duty-free status of Thai imports.After a meeting with Prime Minister Prayuth Chan-ocha, Ross told a ...

The Commerce Ministry has come up with four strategies to boost export next year, including plans to expand existing major markets, namely the US, European Union, Japan, China and Asean.Somdej Susomboon, acting director-general of the Commerce Ministry’s Department of International Trade Promotion, said the second ...

The 28th round of negotiations on the Regional Comprehensive Economic Partnership (RCEP) in Da Nang, Vietnam on Sept 19-27 were very fruitful and led to the conclusion of 13 of the 20 chapters in the proposed free trade agreement, the Commerce Ministry said yesterday.Keep reading ...

The Electronic Transactions Development Agency (ETDA) last week signed a memorandum of understanding (MoU) with major consumer organizations and private companies on a consumer protection initiative covering products and services sold online.Keep reading ...

As multilateral trade negotiations have become unworkable, regional and bilateral alternatives are on the rise. In Thailand’s neighbourhood, the most consequential of these trade vehicles is the Regional Comprehensive Economic Partnership (RCEP). Keep reading ...

Rachada Dhnadirek, deputy government spokesperson, said the Cabinet has approved the setting up of a National Digital Trade Platform and has assigned the Office of the Public Sector Development Commission (OPDC) to work with related agencies and the Joint Standing Committee of Commerce, Industry and ...

The Commerce Ministry is ramping up business matching activity and trade fairs for potential growth products in cosmetics, healthcare and education in an effort to increase shipments.Keep reading ...