Thailand to finalize free trade negotiations with the EU by next year

Thailand’s Prime Minister Srettha Thavisin aims to finalize a free trade agreement (FTA) with the European Union within 18 months, with negotiations restarting after a decade-long delay.

Key Takeaways

• Thailand aims to finalize a free trade agreement with the European Union within 18 months, which would further strengthen their economic relationship.
• Prime Minister Srettha Thavisin is actively promoting trade and investment during his global tour, focusing on boosting investors’ confidence in Thailand.
• The government’s economic revival plan includes attracting 40 million international travelers this year and seeking a visa-free agreement with European countries in the EU’s Schengen area.

The FTA would expand economic ties between the two, with Thailand exporting $21.8 billion worth of goods to the EU last year. Srettha is also focusing on trade and investment during a…