The loss of India from the RCEP pact is a bitter blow to Thailand which had been looking forward to becoming a partner with India’s technology sector which is also very close to that of the United States.
The RCEP agreement is ready to be signed next month, and is expected to take effect in the second half of next year, said Auramon Supthaweethum, the director-general of Thailand’s Trade Negotiations Department.
Thailand hopes to sign a free trade agreement with Bangladesh soon, outgoing Thai Ambassador to Bangladesh has said.
Pakistan and Thailand are in a process of finalising offer lists on 200 priority items under a proposed bilateral free trade agreement, it was learnt on Thursday.
Thailand has kick-started efforts to forge a free trade agreement with the European Free Trade Association, a regional trade bloc consisting of Iceland, Liechtenstein, Norway and Switzerland.
Southeast Asian countries facing the daunting challenge of kick-starting economic recoveries from COVID-19 are showing little interest in a step that could help — fast-tracking free trade talks with the European Union.
The Trade Negotiations Department is scheduled to propose a study of the long-awaited free trade agreement (FTA) with the EU and present the outcome of public hearings on the pact’s impact to the commerce minister by the middle of next month.
As the 15 RCEP members are preparing to sign an agreement this November in Vietnam, the Department of Trade Negotiations is explaining how to make the most of RCEP and deal advantageously with its impacts in terms of competition among farmers, entrepreneurs, and civil society.
Thai Trade Negotiations Department looks set to conclude the overall study of the long-awaited free trade agreement (FTA) with the EU and send the report to the commerce minister for consideration this month or early next.
In this time of Covid-19, free trade negotiations have not subsided, and are even increasing. In Thailand the government is trying again to join the CPTPP.
The Commerce Ministry will ask the cabinet for approval to sign the Regional Comprehensive Economic Partnership (RCEP) in October, one month ahead of the pact’s official scheduled signing in Vietnam.
In the foreseeable future, Thailand will be shying away from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The country lacks necessary preparedness and consensus for the high-end free-trade arrangement.
The Thai Ministry of Commerce will push the country’s Cabinet in October to consider signing the Regional Comprehensive Economic Partnership (RCEP) agreement.
Thai House of Representatives Committee investigating potential impacts of CPTPP heard report from its Subcommittee on Agriculture.
Thailand’s proposed participation in the Trans-Pacific Partnership stands on a precipice.
Thailand and the United Kingdom agree to increase their two-way trade and explore the possibility of creating a free trade agreement (FTA).
Thailand will take until September to study whether to join a trans-Pacific free trade agreement, potentially missing a window for entry this year amid widespread concern that joining the pact may harm its farm and healthcare sectors.
Fifteen Asia-Pacific countries will sign the RCEP trade pact by the end of 2020 but India will not be among them.
As sporadic tensions flare over US-China trade, a fierce debate also continues at home, centred on whether Thailand should join a trade pact touted as creating the third-largest free trade area in the world.
The #NoCPTPP hashtag is back on trend overnight, after the Shippers’ Council supported Thailand to participate in CPTPP negotiations to create impetus for the economy.