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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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Trade pact with Pakistan nears completion


Trade pact with Pakistan nears completion
Conclusion expected by end of the year
published :
19 Jul 2021 at 04:30
Mrs Auramon says negotiations will be able to continue via video conferencing.
Thailand aims to conclude talks on a free trade agreement (FTA) with Pakistan by the end of this year, with the expectation that the pact, once implemented, will help boost economic growth by 0.18-0.32 percentage points.
Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand and Pakistan have held nine rounds of talks that have concluded 12 chapters of the agreement s 13 chapters in total.
The remaining issues pending negotiations include customs protocol, trade facilitation, as well as related regulations regarding market access. ....

Krung Thep Mahanakhon , Auramon Supthaweethum , Negotiations Department , Mrs Auramon , Trade Negotiations Department , Pakistan Thailand Free Trade Agreement , South Asia , Middle East , Khyber Pakhtunkhwa , பேச்சுவார்த்தைகள் துறை , வர்த்தகம் பேச்சுவார்த்தைகள் துறை , தெற்கு ஆசியா , நடுத்தர கிழக்கு , கைபர் பக்துங்க்வ ,

Thailand preps to resume EU talks


Thailand preps to resume EU talks
published :
16 Jun 2021 at 04:00
Mr Tapiola (left) met with Mr Jurin at the Ministry of Commerce on Monday. A joint understanding document will be used as a framework for free trade agreement talks expected to begin next year.
Thailand aims to settle a joint understanding document that paves the way to kicking off talks for the long-awaited free trade agreement (FTA) with the European Union (EU) this year.
According to Commerce Minister Jurin Laksanawisit who met Pirkka Tapiola, the EU ambassador to Thailand, on Monday, the joint understanding document will be used as a framework for the FTA talks by the two governments which are expected to commence next year. ....

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