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Thailand

FTAs became a big social and political issue in Thailand ever since former Prime Minister Thaksin Shinawatra agreed, in 2003, to negotiate a comprehensive bilateral deal with the United States. A broad multisectoral coalition in Thailand, called FTA Watch, monitors and mobilises around Thailand’s FTA policies quite frequently, given the deep-cutting and far-reaching nature of these deals for Thai society.

Apart from the Thai-US talks, Thailand has signed a limited FTA with Laos (1991) and another with China (agriculture only, 2003), framework agreements with Bahrain (as stepping stone toward an FTA with the GCC, 2002), Peru (2003) and India (2003), and fairly comprehensive FTAs with Australia (2003), New Zealand (2005) and Japan (2007).

Since 2006 and the current political crisis, Thailand’s pace of FTA negotiations has slowed down. (The government is technically still in negotiation with the US, EFTA, India, Peru and Papua New Guinea, while there has been talk of further deals with Chile, the Czech Republic, Hong Kong, Mexico, Pakistan, South Africa and Canada.) Meanwhile, civil society groups have insisted that the new Thai constitution include a provision, in Section 190, that requires Parliamentary ratification and much more public information about all FTAs that the Thai cabinet considers going into.

Regionally, Thailand is member of ASEAN and therefore part of that bloc’s FTA dealings with China, Korea, India, Australia/New Zealand and the EU. It is also part of BIMSTEC and, under Thaksin at least, was the protagonist pushing for greater trade and investment integration in the Mekong region under ACMECS, a framework for cooperation between Burma, Cambodia, Laos, Thailand and Vietnam.

last update: May 2012
Photo: FTA Watch


Thailand and UK discuss prospects for free trade agreement
Thailand and the UK are exploring ways to deepen their economic ties, including the possibility of a Free Trade Agreement (FTA). Recent discussions between the two countries’ trade ministers focused on enhancing trade and investment through mechanisms like the Joint Economic and Trade Committee (JETCO) and the Enhanced Trade Partnership.
Thai and Swiss civil society unite to protect access to medicines and the Universal Health Coverage Scheme
Civil society groups in Thailand and Switzerland are urging the Thai government to maintain its stance against TRIPS+ provisions, which exceed the requirements of the World Trade Organization’s TRIPS Agreement. These groups argue that such provisions could significantly increase the cost of medicines and limit access for the Thai population.
Thailand-South Korea economic partnership agreement nears completion
Thailand and South Korea aim to finalize an economic partnership agreement (EPA) next year to further boost trade and investment. The EPA is expected to be signed during the 36th APEC summit in South Korea.
Thailand seeks FTA negotiations with Eurasian Economic Union
Thailand is holding talks with Russia to expedite negotiations for a free trade agreement with the Eurasian Economic Union (EAEU).
Thailand, Turkey agree to resume FTA negotiations
Thai Deputy Commerce Minister and his Turkish counterpart have agreed to resume negotiations on a free trade agreement between the two countries.
Pichai meets Swiss, Norwegian envoys to push FTA with European group
Thai Commerce Ministry held discussions with the representatives of Switzerland and Norway to push for finalisation of the free trade agreement between Thailand and the European Free Trade Association.
UK inks trade deal with Thailand to boost exports
The UK and Thailand have signed an Enhanced Trade Partnership to boost trade and investment. The pact focuses on sectors like automotive, tourism, and digital trade. It includes changes to vehicle emissions testing and simplified procedures for importing UK food and drink. The UK aims to increase trade with Thailand, a rapidly growing economy in Southeast Asia.
Sri Lanka-Thailand FTA to be implemented from Jan. 1, 2025
Sri Lanka and Thailand are implementing a free trade agreement (FTA) starting January 1, 2025. This is Sri Lanka’s fourth FTA and aims to boost trade, investment, and economic cooperation between the two countries. The agreement covers various sectors, including goods, services, investment, and agriculture.
Commerce Ministry accelerates Thai-EFTA FTA talks: 10th round in Geneva
Thailand is negotiating a free trade deal with EFTA, aiming for completion by year’s end. This 10th round of talks focuses on expanding trade and investment, covering goods, services, and intellectual property. Despite past delays, both sides are determined to strengthen economic ties.
Cabinet approves ratification of Sri Lanka- Thailand FTA
The Cabinet of Ministers has approved the proposal presented by the President in his capacity as Minister of Finance, Economic Stabilization and National Policy to ratify the Sri Lanka-Thailand Free Trade Agreement.

    Links


  • FTA Watch (Thailand)
    A broad social coalition monitoring, analysing and mobilising around the Thai government’s FTA strategies.
  • Thai FTA
    A Thai government website, produced by the Department of Trade Negotiations, on Thailand’s different FTA negotiations.