World

Thailand expands FTAs to boost global competitiveness

Thailand is intensifying efforts to expand its Free Trade Agreements (FTAs) as a core strategy to boost economic growth and enhance its competitiveness in global markets.

Bangkok (NNT/VNA) - Thailand is intensifying efforts to expand its Free Trade Agreements (FTAs) as a core strategy to boost economic growth and enhance its competitiveness in global markets.

Deputy Minister of Commerce Suchart Chomklin has highlighted ongoing progress in negotiations with major trading partners to ensure these agreements deliver benefits across key sectors, including agriculture, industry, and services.

According to Suchart, the Department of Trade Negotiations has been tasked with maintaining regular engagement with stakeholders to align these agreements with national economic priorities.

Key updates include the Thailand-Sri Lanka FTA, signed in February 2024 and set to take effect in March 2025. Negotiations with the European Free Trade Association (EFTA) were completed in late 2024, while talks with Bhutan, South Korea, the European Union (EU), and ASEAN-Canada are

advancing. The government is also exploring new FTAs with countries in Africa and South America to expand opportunities for Thai exports in emerging markets.

To support businesses and the public in leveraging FTAs, the Ministry of Commerce provides comprehensive resources, including the “FTA Choice” mobile application, the Department of Trade Negotiations website (www.dtn.go.th), and the FTA Center located at its headquarters. Additional support is available through the Call Center at 02-507-7555./.

VNA
#Thailand #FTA #trading partners #economic growth Thailand
Follow VietnamPlus

Related News

See more

Two tourists ride a Sumatran elephant at Bali Zoo, Gianyar, Bali, June 25, 2018. (Photo: ANTARA)

Indonesia tightens management of elephant conservation

Head of BKSDA Bali Ratna Hendratmoko said all centres have been instructed to strictly implement the directive and ensure animal welfare standards, noting that supervision will be intensified and violations may result in licence withdrawal.

Juan Meriguet, leader of the Somos Patria Platform in Ecuador (Photo released by VNA)

14th National Party Congress: Vietnam inspires progressive forces worldwide

Progressive forces from Ecuador and across Latin America continue to follow closely, value and support the path chosen by Vietnam, regarding the success of the 14th Congress not only as a victory for Vietnam, but also as a source of inspiration and hope for revolutionary and progressive movements worldwide.

Illustrative image (Photo: Bangkok Post)

Thailand tests nationwide disaster alert system

The system provides warnings across 14 hazard categories: earthquakes, tsunamis, windstorms (tropical cyclones), floods, mudslides, cold weather, PM2.5 fine dust, violent incidents in public areas, human epidemics, fires, chemical and hazardous materials incidents, cyber threats, traffic and transport incidents, and armed conflict.

Wheelchair fencing queen Saysunee Jana. (Photo: Reuters)

ASEAN Para Games 13: Thailand hungry for honours

The 13th ASEAN Para Games marks Thailand's return to hosting the games after 18 years, since the 4th Games in 2008. The country sets to secure 233 gold medals, seeking to reclaim the championship title held by Indonesia over the past three editions.

Banner welcoming the 14th National Congress of the Communist Party of Vietnam displayed in front of the Hanoi People’s Committee headquarters. (Photo: VNA)

People placed at centre of Vietnam’s renewal, development

Rossiyskaya Gazeta also highlighted the deliberate capitalisation of the word “People” in Congress documents, describing it as a clear expression of the CPV leadership’s view of the "People" as the foundation, driving force and centre of national renewal, construction, and defence.

A screenshot of Sada Al-Khbar newspaper (Photo: VNA)

Strategic autonomy – key to Vietnam’s active integration, development: Egyptian newspapers

According to the articles, one of Vietnam’s key and lasting achievements under the CPV’s leadership has been the development and continuous strengthening of its strategic autonomy. Against the backdrop of the rapidly changing and complex global and regional situation, this strategic autonomy serves as a crucial foundation for protecting national interests, preserving independence and sovereignty, and actively pursuing international integration

Danucha Pichayanan, NESDC secretary-general (Photo: www.nationthailand.com)

Thailand unveils economic development blueprint

Thailand’s National Economic and Social Development Council (NESDC) has released the outline of the 14th National Economic and Social Development Plan, aiming to drive growth by advancing smart agriculture, healthcare services, and future-oriented industries.

Russian Ambassador to the EAEU Sergei Tolchenov. (Photo: Russian Embassy in Indonesia)

Indonesia – EAEU FTA expected to boost bilateral trade

The removal of tariff and technical barriers under the agreement, including the elimination of import duties on 90.5% of Indonesian goods and 90% of product lines from Russia and other EAEU member states, is anticipated to create additional momentum for expanding bilateral trade.

Prensa Latina's special section on the 14th National Congress of the Communist Party of Vietnam (Photo: VNA)

Prensa Latina launches column on Vietnam’s 14th Party National Congress

The special section on the e-newspaper of Cuba’s Latin American News Agency Prensa Latina represents Prensa Latina’s commitment, within the framework of cooperation with the Vietnam News Agency, to publicise the 14th National Congress of the CPV to international friends, particularly in the Latin American.