Thailand plans to resume free trade talks with the United States, which were put on hold after a military coup in 2006, a Thai government spokesperson said today.
The free trade area agreement between Thailand and Peru is expected to become effective during the Asia-Pacific Economic Cooperation (APEC) Summit in November this year or early next year, according to an official of Thailand's Trade Negotiations Department.
India and Thailand are likely to be able to sign the much anticipated free trade agreement within two or three months as most of the key issues have been resolved, says India's commerce minister.
Thailand and Brazil would swap the role of gateway to Asean and MERCOSUR trade block in the Latin America to boost trade of both sides, Foreign Minister Noppadon Pattama said Tuesday.
Guardian Industry, one of the world's largest manufacturers of float glass and fabricated glass products, is confident of expanding its investment in Thailand despite the failure of talks on a free-trade pact between Thailand and the United States.
Deputy Commerce Minister Wiroon Techapaiboon on Wednesday stated he was prepared to revise free trade area (FTA) agreements made with many countries to ensure that Thailand benefits most from them.
The Commerce Ministry yesterday said it was forming a special unit to improve the public's understanding of free-trade agreements (FTAs) and why they should be signed.
The Commerce Ministry yesterday indicated to the United States that it is ready to resume talks on a free-trade agreement (FTA) as concerns mount that Thailand may lose its competitive edge to export rivals.
While the government moves to strengthen Thailand's global position through free-trade agreements, more efforts are needed to consider the environmental impact of increased industrial activity.
Thailand and its neighbour Myanmar have signed an investment accord aimed at protecting Thai investors and boosting foreign stakes in the diplomatically-isolated country's economy.