ISDS Case Map
Thailand
Many of Thailand's trading partners are expected to implement non-tariff barriers this year to shield their markets from a flood of imports as a looming global recession prompts governments to negotiate free-trade pacts.
The inability of the government to function lessens the prospect of Thailand failing to get parliament's approval of trade deals vital for ASEAN's economic agenda. The country needs to get the legislature's backing for 30 agreements, including an ASEAN-India free trade agreement and an ASEAN-South Korea free trade agreement.
Thailand and Peru are exploring a possible bilateral free trade pact as the Peruvian government would like to see see the surged trading between the two countries, according to Prime Minister Somchai Wongsawat.
Thailand is ready to sign the Asean-South Korea free trade agreement at the Asean Summit in Chiang Mai next month if the plan wins endorsement from Parliament today.
Although it is a member of the developing nations or what is known as the Global South, China's emergence as an economic superpower has generated mixed reactions from its Asian neighbours.
The ongoing political crisis in Thailand is putting question marks on whether the India-Asean Free Trade Agreement (FTA) will be signed by the year-end.
Asian countries should be prepared for intensified trade protectionism under US president-elect Barack Obama as he seeks to revive the world's largest economy, according to economists.
Prime Minister Somchai Wongsawat has told European Union delegates his government will solve Thailand's political crisis through democratic means to ensure the country's planned megaprojects can proceed.
The Asean-Japan Comprehensive Economic Partnership (AJCEP) agreement, which goes before Thai parliament today, will make Thailand a waste-dumping site for Japan, critics warn.
The European Union (EU) under the French presidency will focus on bilateral approaches in parallel with a bloc-to-bloc discussions with Asean on a free trade agreement, according to the French ambassador to Thailand.
