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Wednesday, May 1, 2024

Talks with EU on free trade pact to start next month

Goal is completed deal by 2025

Thailand is scheduled to host a second round of talks on a free trade agreement (FTA) with the European Union (EU) at the end of January, with an aim of finalising a pact within two years.

According to Chotima Iemsawasdikul, director-general of the Trade Negotiations Department, the Bangkok round of discussions will cover the liberalisation of trade, investment and services.

Both parties plan to hold three meetings per year, with the goal of finalising negotiations by 2025.

Thailand and the EU held the first round of FTA discussions in September this year in Brussels, Belgium. This round included meetings at the head of the delegation level and 19 expert-level subcommittee meetings.

The 19 subcommittees comprise: trade in goods; rules of origin; customs procedures and trade…

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