Shipment containers are sorted at Klong Toey Port on March 33, 2022. The deal, once implemented, is expected to help double two-way trade between Thailand and Efta from US$7.5 billion in 2021. (Photo: Varuth Hirunyatheb)
Thailand expects to take about two years to conclude talks with the European Free Trade Association (Efta) after the two parties agreed to launch negotiations over a potential free-trade deal on Monday.
According to Commerce Minister Jurin Laksanawisit, who participated in the start of negotiations with Efta in Iceland on June 20, the deal, once implemented, is expected to help double two-way trade between Thailand and Efta.
Efta comprises Iceland, Liechtenstein, Norway and Switzerland.
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