Thailand mulls more FTAs to expand export markets

Thailand is scheduled to study free trade agreements (FTAs) with countries in the Middle East, Africa and Latin America by the second half of this year, a move to expand new export markets.

According to Trade Negotiations Department director-general Auramon Supthaweethum, the department expects the studies will take 6-12 months.

During the studies, she said public hearings will also be held, with all stakeholders allowed to voice their concerns.

According to Mrs Auramon, the studies on the new FTAs were proposed by the private sector at a recent meeting of a joint public-private committee chaired by Commerce Minister Jurin Laksanawisit to increase exports.

Thailand has 14 FTAs with 18 countries and is a member of the Regional Comprehensive Economic Partnership, which came into force early this year.

According to the Foreign Trade Department, the use of FTA…