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Monday, May 6, 2024

Another 3 months of studies, followed by CPTPP decision

The government plans to take three months to decide whether Thailand should apply to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), according to the International Economic Policy Committee.

Deputy Prime Minister Don Pramudwinai, chairman of the committee, said Friday’s committee meeting acknowledged the studies of the house standing panels.

The cabinet agreed in May last year to set up house standing panels to look into and consider whether Thailand should sign up to the controversial Asia-Pacific trade agreement, amid widespread concerns of harm to the agriculture sector.

The decision came after it decided in April last year to shelve a decision on CPTPP membership following stiff opposition from politicians, civil society groups and prominent social figures who said it would hurt the economy, particularly the agricultural and…

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