ISDS Case Map
Thailand
Like the stalled privatisation of Egat Plc, the Thai-US Free-Trade Agreement talks look like dead meat. It all boils down to the waning credibility of Prime Minister Thaksin Shinawatra.
After the sixth round of free-trade negotiations with the United States drew to a close yesterday, the Bank of Thailand said that Bangkok would continue to push for a gradual opening of its financial sector rather than within three years as the US has proposed.
Waiting, waiting. It will take time to realise the benefits of our free trade deals with Thailand and the US.
The head of the US trade negotiating team yesterday expressed concern that Bangkok and Washington may not be able to wrap up free-trade agreement discussions by the agreed deadline. Speaking after concluding the sixth round of Thai-US FTA negotiations, Barbara Weisel, assistant US Trade Representative, said: “There's some serious concern whether we can do that [finish the talks by May].”
Sondhi Limthongkul, founder of the Manger Group, alleged that Prime Minister Thaksin Shinawatra signed free trade agreement contracts with Australia and China with ulterior motive to benefit telecom businesses of his family.
Foreign Minister Kantathi Suphamongkhon said on Friday Japan and Thailand would likely sign a free trade agree (FTA) agreement in early April when Thai Prime Minister Thaksin Shinawatra is scheduled to make an official visit to Tokyo.
A senior US trade official on Friday expressed concern about the slow progress being made in negotiations to establish a free trade agreement (FTA) with Thailand, where more than 10,000 demonstrators gathered this week to protest the pact.
The network of 11 civil society organisations which showed its opposition to the Thai-US Free Trade Area (FTA) negotiations earlier this week in Chiang Mai Friday reaffirmed its intention to continue protesting the talks.
Intellectual property rights protection became the latest stumbling block in the current round of negotiations for a Thai-US Free Trade Agreement today, with Thailand complaining publicly about the Americans' stand.
A cabinet minister said today that an actual free-trade agreement with the United States is still al long way off, and talks have not so far yielded any definite agreement. Tariff cut plans are still subject to further consultation.
