Current 11-nation trade agreement set to be signed next month. Donald Trump says U.S. re-entering trade deal a ‘possibility’.
Partners aim to triple trade to $10bn by 2020.
Thailand has entered into negotiations for a number of free trade agreements (FTA). Its first FTA was the Asean Free Trade Area, signed in 1992. The country has six FTAs with India, Australia, New Zealand, Japan, Peru and Chile.
Thailand has proposed to start Free Trade Agreement or FTA talks with Bangladesh as Bangkok wants to enhance the economic cooperation with Dhaka.
Thai delegation heads to Europe next year.
The Foreign Affairs Council of the European Union agreed to gradually resume all political re-engagement with Thailand and to possibly restart free trade talks.
Chatree mine’s operator, Australia’s Kingsgate Consolidated said that it would commence arbitration under the Thailand-Australia Free Trade Agreement
A Free Trade Agreement between Pakistan and Thailand will be signed on January 15 for focusing on enhancing the bilateral trade between the two countries, a top official of Ministry of Commerce said.
A Free Trade Agreement between Pakistan and Thailand will be signed on January 15 for enhancing bilateral trade between the two countries, a top official of the Ministry of Commerce said.
Pakistan and Vietnam have agreed to share an initial list of products while kicking off negotiations on a free trade agreement.
Thailand is seeking a review of the Thailand-China free trade agreement as the 0% import duty for electric vehicles could derail the country’s plan to attract foreign manufacturers.
Lighthizer stressed the need to address longstanding trade barriers, including on U.S. meat and other agriculture exports.
“I’d be concerned that USTR is pressuring Thailand to take pro-pharma positions on the RCEP and TPP,” Knowledge Ecology International Executive Director James Love said.
FTA Watch warns that Thailand would most certainly lose an arbitral tribunal process regarding allegations that it violated the Thailand-Australia Free Trade Agreement, exposing the country to huge losses due to claims for compensation.
Difference between India and Thailand over market access is one of the main reasons why the FTA under BIMSTEC remained stalled during last couple of years.
Thailand urges India to join RCEP
Pakistan and Thailand Free Trade Agreement will be signed on August 22, for enhancing the bilateral trade between two countries - Pak official.
Sri Lanka and Thailand have come to a consensus on a free trade agreement covering trade in goods. The MoU will be signed in August.
Officials from both countries decided to expand the trade in agricultural products (mainly fruit).
The Thai government says it is ready to hold talks with Australian goldmining company, Kingsgate Consolidated, over the closure of its Thai mining operations last year.