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Friday, May 10, 2024

Renewed negotiations with Efta to start soon

Auramon: Efta a target for an FTA

Thailand is scheduled to announce on Monday the start of negotiations with the European Free Trade Association (Efta) to improve trade, services and investments.

According to Auramon Supthaweethum, director-general of the Trade Negotiations Department, Commerce Minister Jurin Laksanawisit plans to start the free trade agreement (FTA) negotiations with Efta in Iceland on June 20.

Efta comprises Iceland, Liechtenstein, Norway and Switzerland.

“Efta is one of Thailand’s targets for an FTA as the group has adopted a free trade policy and has a high level of purchasing power and economic strength. They are leaders in innovations and technologies in addition to having significant investors,” Ms Auramon…

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