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Thailand to enhance trade ties with EU to reduce US dependency amid rivalry with China


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Thailand To Enhance Trade Ties With EU To Reduce US Dependency Amid Rivalry With China
Southeast Asia’s second-largest economy plans resumption of negotiations on its ambitious and comprehensive Free Trade Agreement (FTA) with the European Union.
IMAGE: AP
In an effort to outdo its reliance on the United States and China for trade and commerce, Thailand is looking to boost up investments with the European Union, the Southeast Asian nation’s fourth-largest trading partner. To revive trade with the EU and strengthen the economic relations, Thailand is expected to strike a free trade agreement with the European Union in the coming days, economists told the European press. Furthermore, they stated, that the European investors are a key player and have a humongous role in enhancing the Thai economy especially around the time of the novel coronavirus when Thailand is striving towards trade recovery.  ....

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Thailand moves to strengthen EU ties amid US-China rivalry | Asia| An in-depth look at news from across the continent | DW

Thailand moves to strengthen EU ties amid US-China rivalry | Asia| An in-depth look at news from across the continent | DW
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