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Monday, April 29, 2024

Thailand, UK strengthen ties towards strategic economic partnership

Picture courtesy of GOV.UK

Thailand and the United Kingdom (UK)are looking to fortify their economic ties now the toxic dust of Brexit has settled. With the next Joint Economic and Trade Committee (JETCO) meeting on the horizon this November, it’s believed that both countries are ready to elevate their relationship to a potential strategic economic partnership.

JETCO Director-General Auramon Supthaweethum spoke at length about the expected sectors that are set to benefit from this economic bolstering. These sectors range from food and drink, health, education, the automotive industry, agriculture, and the digital sector. The subsequent aim of these actions is to form a foothold for future negotiations of free trade between the two nations.

The economic relationship between Thailand and the UK has flourished since the UK severed ties with the European Union in 2021. It was within…

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