Thailand is keen to finalise free-trade agreement (FTA) negotiations with the European Free Trade Association (EFTA), Sri Lanka and the United Arab Emirates (UAE) by mid-next year, with the aim to boost trade and investment.
The potential FTA between Thailand and Sri Lanka is particularly appealing due to Sri Lanka’s strategic location in South Asia, with connections to India, Pakistan, Bangladesh, and Nepal. Furthermore, Sri Lanka’s economy is experiencing steady growth, remarked Auramon Supthaweethum, the director-general of the Department of Trade Negotiations.
An FTA between Thailand and EFTA, comprising Iceland, Liechtenstein, Norway, and Switzerland, is viewed as significant for Thailand in terms of trading and sustainable development. Negotiations for such an agreement began in June last year, although previous negotiations between…
