bilaterals.org logo
bilaterals.org logo

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 looks to sign free trade deal with Bangladesh
Thailand has expressed strong interest in opening negotiations on a bilateral free-trade agreement with Bangladesh, a move that could significantly expand trade and encourage Thai investment, as Dhaka intensifies efforts to deepen economic and diplomatic engagement with South-east Asia.
US-Thai trade deal falters amid geopolitical dispute
US-Thai trade negotiations have stalled after the US linked the deal to a geopolitical dispute involving the Thai-Cambodia Peace Declaration.
Thailand accelerates FTA talks with EFTA, EU and South Korea to cut reliance on US exports
Thailand is fast-tracking FTAs with EFTA, the EU and South Korea to reduce dependence on US exports after tariff hikes, aiming to expand new markets and boost GDP
Thailand seeks to finalise Canada FTA by 2026 to unlock North American market
Commerce Minister Suphajee Suthumpun and the Canadian envoy agree to accelerate talks on a landmark trade deal amid global economic uncertainties and shifting geopolitics.
US reveals trade deal with Thailand: purchases of aircraft, agriculture and energy worth over US$20 billion
A framework has been launched for the implementation of a reciprocal trade agreement between the US and Thailand, marking a major trade package in which Thailand will purchase US agricultural and energy products, and aircraft, valued at more than US$20 billion.
Suphajee, Peruvian envoy discuss trade partnership, target Thailand–Peru FTA conclusion by year-end
Commerce Minister Suphajee Suthumpun meets Peru’s ambassador to strengthen trade ties and aims to conclude the upgraded Thailand–Peru FTA by 2025-end.
Thailand, US trade talks set for completion by year’s end, Commerce Minister says
Thailand expects to finalize its trade deal with the United States by the end of the year, the country’s commerce minister said yesterday, while issuing a warning about the uncertain trajectory of the Thai economy.
Negotiations on Thailand-UK FTA set to start
Thailand and the United Kingdom are pushing for the opening of negotiations on a bilateral free trade agreement (FTA) at all levels, along with pursuing joint efforts to explore channels to expand two-way trade and investment.
Thai trade envoy pushes for Thai-Russia FTA talks
Thailand Trade Representative held high-level discussions with Russian officials, aimed at strengthening bilateral trade and investment and reviving negotiations for a free trade agreement between Thailand and the Eurasian Economic Union.
Bhutan-Thailand FTA set for implementation by 2026
The Free Trade Agreement (FTA) between the Kingdom of Bhutan and the Kingdom of Thailand is expected to be implemented by January 2026.

    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.