News

FTA talks with EU to get reboot

Thailand is gearing up for the resumption of Free Trade Agreement (FTA) negotiations with the European Union (EU) after the talks were suspended in 2014 due to the coup. The talks should be completed in in 2025, said Commerce Minister Phumtham Wechayachai. Mr Phumtham said on ...

Bangkok Post Reporter

Thailand-Pacific Alliance FTA benefits GDP and trade

The Free Trade Agreement (FTA) with the Pacific Alliance (PA) has raised Thailand’s gross domestic product (GDP) by 0.04% and boosted trade by 16.75%, benefiting various Thai exports.That 0.04% increase is worth about US$200 million, according to Auramon Supthaweethum, director-general of the Department of Trade ...

The Nation Reporter

Asean is fast-tracking digital transformation and more FTAs, officials say

Asean will focus on increasing the use of digital technology to expand trade and enhance economic cooperation among its 10 member states, according to a recent meeting of senior economic officials who oversee the bloc’s economic agenda for this year.Asean will also continue trade talks ...

The Nation Reporter

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

EU FTA could deliver Thai GDP boost

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 ...

Phusadee Arunmas

EU open to resuming free trade talks with Thailand

The European Union aims to resume negotiations with Thailand on a free trade agreement (FTA), the Council of the European Union said in a statement, after earlier suspending trade talks following a 2014 military coup.The statement linked the decision to the general election in March ...

Reuters

Latest RCEP meeting 'very fruitful', says government

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 ...

Phusadee Arunmas & Thana Boonlert

Thai-EU free trade talks set to resume after hiatus

Thailand is returning to the negotiating table for a Thai-European Union (EU) free-trade agreement (FTA) after the green light was given by the new government, according to Auramon Supthaweethum, director-general of the Trade Negotiations Department.“This follows a directive from the new Deputy Prime Minister and ...

Phusadee Arunmas

EU-Vietnam trade deal prompts concern in Thailand

On June 30 in Hanoi, Vietnamese and EU officials signed a new free trade deal that could shift the balance of manufacturing in the region. The EU-Vietnam Free Trade Agreement and the EU-Vietnam Investment Protection Agreement will reduce tariffs and facilitate trade between the two ...

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