Thailand is set to host the second round of free trade agreement (FTA) discussions with the European Union (EU) in January, aiming to finalize an agreement within the next two years.
Key Takeaways
- The talks will focus on liberalizing trade, investment, and services, with the goal of completing negotiations by 2025.
- The European Parliament’s approval is crucial for the Thai-EU FTA, highlighting the EU’s interest in Thailand as an economic partner.
- Thailand’s exports to the EU reached $18.2 billion, while imports totaled $16.7 billion in the first ten months of this year.
The talks will focus on liberalizing trade, investment, and services, with the aim of finalizing an agreement within the next two years. The plan is to conduct three meetings annually and complete negotiations by 2025.
The EU is Thailand’s fourth-largest trading partner, and the recent…
