News
Thailand eyes 3 deals by 2024
Thailand wants to conclude free-trade agreement (FTA) talks with the European Free Trade Association (Efta), Sri Lanka and the United Arab Emirates (UAE) by the middle of next year to improve trade and investment. The Thai-Sri Lankan FTA is of particular interest in terms of location, ...
Phusadee Arunmas
Ministry to propose frameworks for FTAs
The Commerce Ministry looks set to propose negotiation frameworks for the Thai-EU free trade agreement (FTA) and Asean-Canada FTA for cabinet approval in the third quarter, aiming to boost the country’s exports.Speaking after the Joint Public and Private Sector Consultative Committee on Commerce meeting yesterday, ...
Phusadee Arunmas
Thai Parliament approves Regional Comprehensive Economic Partnership (RCEP)
The parliament approved the ratification of the Regional Comprehensive Economic Partnership (RCEP) which was expected to take effect this year, said Deputy Prime Minister and Commerce Minister Jurin Laksanawisit.RCEP would be the 14th free trade agreement (FTA) of Thailand and would promote Thai trade, he ...
State puts RCEP pact on fast track
The government is speeding up the process to enable parliament to approve its signing of the Regional Comprehensive Economic Partnership (RCEP) trade pact, potentially the word’s biggest free trade deal, by February 2021 to pave the way for full ratification within 2021, says Commerce Minister ...
Phusadee Arunmas
Thailand signs RCEP agreement but PM warns of challenges ahead
Prime Minister General Prayut Chan-o-cha participated on Sunday in the 4th Regional Comprehensive Economic Partnership Summit (RCEP), which was one of the meetings in addition to the 37th Asean Summit through teleconference.The PM said he was very pleased that the meeting could conclude the outcome ...
The Nation Reporter
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
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
EU paper outlines measures to boost business ties with Thailand
The European Association for Business and Commerce (EABC) on Friday (November 29) called for enhanced competitiveness, further improvement of ease of doing business, and negotiation of an EU‐Thailand Free Trade Agreement.The EABC said these factors were crucial to strengthen Thailand’s economy, support the Thailand 4.0 ...
The Nation Reporter
RCEP nears completion
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 ...
Bangkok Post Reporter