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Wednesday, May 1, 2024

Department upbeat on negotiations

Trade volume between Thailand and Efta amounted to $7.51 billion in 2021, representing 1.39% of Thailand’s total trade.  Apichart Jinakul

The Trade Negotiations Department targets concluding the negotiation framework on a free trade agreement (FTA) with the EU this year and wrapping up FTA negotiations with Turkey and Pakistan.

The department also aims to finish an information paper on the scope of the proposed FTA with the European Free Trade Association (Efta) next month. Efta comprises Iceland, Liechtenstein, Norway and Switzerland.

According to the department’s director-general, Auramon Supthaweethum, it is scheduled to submit the information paper on an FTA with Efta to the cabinet meeting for consideration within the first quarter or early second quarter this year.

Efta was Thailand’s 12th…

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