Thailand is actively pursuing an ambitious free trade agreement (FTA) strategy to expand its trade and investment opportunities with various partners worldwide. The country has already signed 13 FTAs with 18 economies, including China, Japan, India, Australia, and the European Free Trade Association (EFTA).
Thailand is currently negotiating several more FTAs with potential partners such as the European Union (EU), Pakistan, Turkey, and Sri Lanka.
Key Takeaways
Thailand is actively pursuing an ambitious free trade agreement (FTA) strategy to expand its trade and investment opportunities with various partners worldwide.
The country has already signed 13 FTAs with 18 economies and is currently negotiating several more, including with the European Union, Pakistan, Turkey, and Sri Lanka.
Thailand’s FTA strategy aims to enhance its competitiveness, provide greater market access for businesses, and support economic recovery from the COVID-19 pandemic.
The country is also a member of the Regional Comprehensive Economic Partnership (RCEP), which was signed in November 2020 and has come into force in…
