Thailand and the UK plan to sign a memorandum of understanding (MoU) to set up a Joint Trade Committee on Commerce and Economic Cooperation, paving the way for a future free trade agreement (FTA) after Brexit.
Thailand is the first country in Asean to sign an MoU online with the UK after it withdrew from the EU.
Commerce Minister Jurin Laksanawisit is scheduled to sign the MoU with Elizabeth Truss, the UK’s secretary of state for international trade, on March 29.
“The MoU will enhance the relationship between Thailand and the UK, and expand trade and investment after Brexit,” said Auramon Supthaweethum, director-general of the Trade Negotiations Department. “This will pave the way for negotiations and dialogue on an FTA between Thailand and the UK.”
After Brexit, Ms Auramon said, her department discussed reviewing bilateral trade policies and seeking new…
