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Thursday, May 2, 2024

Thailand and EU formally relaunch trade talks

EU seeks ‘ambitious, modern and balanced’ pact as talks resume for first time since 2014 coup

European Union flags fly outside the European Commission headquarters in Brussels. (Photo: Reuters)

Thailand and the European Union have formally announced the relaunch of negotiations for a free trade agreement (FTA), which had been suspended since the military coup in 2014.

Both sides aim to reach agreement on an “ambitious, modern and balanced free trade agreement, with sustainability at its core”, the European Commission said in a statement posted on its website on Wednesday.

The statement said the two sides aimed to address a wide range of issues such as: market access for goods, services,…

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