Eleven civic groups plan demonstrations at the venue where the Thai and US governments will hold the sixth round of FTA negotiation next week, their leaders said Thursday.
Thai finance officials will for the first time make an offer to open up the country's financial services, which should make or break the proposed Thai-US free-trade agreement (FTA) during talks next week, says a Thai finance source.
The Thailand-Australia Free Trade Agreement (TAFTA) has benefited Australian companies since it began in January through expanded opportunities and increased market access, Australia's Deputy Prime Minister and Minister for Trade, Mark Vaile, said.
The US-Thailand FTA negotiations are of interest to Congress because (1) an
agreement would require passage of implementing legislation to go into effect; (2)
an agreement could increase U.S. exports of goods, services, and investment, with
particular benefits for agricultural exports; and (3) an agreement could increase
competition for U.S. import-competing industries such as textiles and apparel and
light trucks, thereby raising the issue of job losses.
Pakistan and Thailand will hold second round of study group meeting in
February next to pave the way for initiation of talks on the early harvest programme
(EHP) leading to zero rate of duty.
India's department of industrial policy and promotion has asked the finance ministry to correct the inverted duty structure on a few product lines under the India-Thailand free trade agreement (FTA).
The Customs Department's tax targets are expected to fall next year, due to Free Trade Area dealings between Thailand and a number of foreign countries.
Thailand said it had refused to sign a trade agreement between South Korea and ASEAN, insisting that rice be included on the list of goods facing tariff cuts.
China, Malaysia, Thailand and Turkey have agreed to separately sign Free Trade Agreements (FTAs) with Pakistan preferably during the current fiscal year.
Thailand and China have begun a joint meeting in the former's northern city of Chiang Rai to strengthen ties and wipe out trade obstacles, hoping to increase bilateral trade under the free trade area (FTA) framework.