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.
Thailand’s cabinet has agreed to set up a committee to consider whether Thailand should seek membership in an Asia-Pacific trade agreement after widespread opposition last month amid concerns joining the pact may harm the agriculture industry.
The union and its allies also asked the government not to join the Trans-Pacific Partnership, as they view that the restriction of rights to access medicine under the deal would put the country’s public health system in danger.
Thailand’s cabinet will not consider on Tuesday whether Thailand will seek membership of an Asia-Pacific trade agreement due to widespread opposition.
The Commerce Ministry is pushing for cabinet approval for Thailand’s bid to join the (CPTPP) amid fierce opposition from civil groups which have argued the move will have an adverse impact on food security and access to medicines.
Thailand loses duty free access for 42.2 billion baht in exports to the US market from today, unless the kingdom committed to labour rights reforms.