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Tuesday, May 14, 2024

Thailand and China’s Yunnan province sign a mini-FTA

Thailand has signed a mini-free trade agreement with China’s Yunnan province, aiming to boost cooperation in industries such as logistics and cross-border e-commerce.

Key Takeaways

  • Thailand and China’s Yunnan province have signed a mini-free trade agreement, aiming to boost trade in industries such as logistics and cross-border e-commerce.
  • The agreement is expected to benefit Thailand’s agricultural exports, particularly fruit and processed fruit, to the Chinese market.
  • The partnership highlights the willingness of both governments and the private sector in Thailand and Yunnan to collaborate and enhance economic development.

Yunnan province, being geographically close to Thailand, plays a key role in connecting western China to the East Asia, Southeast Asia, and South Asia regions.

The agreement is expected to benefit Thailand by increasing exports of agricultural products and…

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