Thailand and the EU relaunch trade negotiations
Thailand and the EU relaunch trade negotiations
วันที่นำเข้าข้อมูล 22 Mar 2023
วันที่ปรับปรุงข้อมูล 22 Mar 2023
| 1,049 view
On 15 March 2023, Thailand and the EU announced the relaunch of free trade agreement (FTA) negotiations, with the aim of concluding the talks within two years. H.E. Mr. Jurin Laksanawisit, the Minister of Commerce of Thailand said a Thai-EU FTA would cover trade in goods, services and investment, proving mutually beneficial. Thailand is expected to greatly benefit from the pact once the tariff on Thai exports to the 27 EU countries is eliminated, giving Thailand a competitive edge compared with countries that do not have an FTA with the EU. The specific sectors that should benefit are automobiles and components, electronic equipment, textiles, food, rubber, chemicals and plastics. The import of raw materials would see tariffs eliminated, allowing the manufacturing sector in Thailand to reduce production costs, particularly for machinery, equipment and chemicals. In addition, he said both sides would benefit from mutual investment, with Thailand receiving technology transfers and innovation. This agreement should play a crucial role in attracting global investors to invest in Thailand, increasing investment and boosting the country's GDP.
TOP
Royal Thai Embassy, Copenhagen, Denmark
สถานเอกอัครราชทูต ณ กรุงโคเปนเฮเกน
สถานเอกอัครราชทูต ณ กรุงโคเปนเฮเกน
Norgesmindevej 18 2900 Hellerup Copenhagen Denmark
Office Hours: Monday - Friday, 09:00 - 11:45 hrs and 13:00 - 15:45 hrs (Except public holidays)
Tel: +45 39 62 50 10
Fax: +45 39 62 50 59
E-mail: [email protected]
Home
ASEAN
Contact Us
Media Center
Consular Services
Thailand Links (Tourism, Investment,Government,Culture)
Copyright © 2012-2020 Royal Thai Embassy, Copenhagen, Denmark. All rights reserved.