ISDS Case Map
Thailand
The conclusions of TPP: What is next for Thailand?
At a meeting with Japanese Prime Minister Shinzo Abe, Mr Somkid said Japan had pledged to support Thailand joining the much-touted Trans-Pacific Partnership.
Thailand is "highly likely" to decide to join the Trans-Pacific Partnership free trade deal (TPP), Thai deputy Prime Minister Somkid Jatusripitak said.
A recent Thai Cabinet resolution relaxes the restriction on arbitration clauses in some public contracts.
The suspended Free Trade Agreement with Thailand will “never be ratified” whilst the country is under a military dictatorship, a top aide to EU Trade Commissioner Cecilia Malmstrom admitted
Of the 35% of total products not included in the initial agreement, RCEP members are expected to gradually cut tariffs to zero within 10 years after 2017 for 20%
China has said it will finish negotiations on upgrading the China-ASEAN Free Trade Area called CAFTA by the end of this year
If Thailand accepts the intellectual property law in the course of the negotiations for the Free Trade Agreement of EU-Thai, this will have several impacts on farmers, biodiversity and food security.
Deputy Commerce Minister Apiradi Tantraporn has suggested that Thailand should eventually join the US-led Trans-Pacific Partnership, which will control about 40 per cent of global gross domestic product and one-third of world trade if approved.
But until the TPP is finalised, Thailand should focus on the Asean-led Regional Comprehensive Economic Partnership (RCEP), she said.
Thailand and Pakistan are seeking to conclude a free-trade agreement by mid-2017 in a bid to reduce over-reliance on the traditional export markets of both nations.
The FTA negotiations will begin late next month.
