Thailand eyes FTAs with three nations in second half of 2018
The Thai Ministry of Commerce is keen to finalise free trade agreements with three more countries in the second half of 2018.
The Thai Ministry of Commerce is keen to finalise free trade agreements with three more countries in the second half of 2018 (Source: thainews.prd.go.th)Bangkok (NNT/VNA) – The Thai Ministry of Commerce is keen to finalise free trade
agreements with three more countries in the second half of 2018.
Auramon Supthaweethum, Director-General of the Department of Trade Negotiations, has revealed that the Ministry of Commerce is looking into the possibility of signing free trade agreements (FTAs) with Pakistan, Turkey, and Bangladesh, each of which has great potential to become trade and investment partners with Thailand.
Tentatively, the agreements will be signed in the second half of this year, according to Auramon, adding that the first round of negotiations which will focus on the terms of the agreement will take place in July.
The director-general also made known that Thailand is drafting another agreement with Sri Lanka which will be centered on a strategic partnership.
As for the FTA between ASEAN and Hong Kong, she said the agreement will be signed in August this year and will take effect on July 1, 2019.
Auramon went on to say that her department has a plan to educate Thai businesses and entrepreneurs in regard to international treaties and agreements so as to enable them to maximise their gains and benefits.-VNA
Auramon Supthaweethum, Director-General of the Department of Trade Negotiations, has revealed that the Ministry of Commerce is looking into the possibility of signing free trade agreements (FTAs) with Pakistan, Turkey, and Bangladesh, each of which has great potential to become trade and investment partners with Thailand.
Tentatively, the agreements will be signed in the second half of this year, according to Auramon, adding that the first round of negotiations which will focus on the terms of the agreement will take place in July.
The director-general also made known that Thailand is drafting another agreement with Sri Lanka which will be centered on a strategic partnership.
As for the FTA between ASEAN and Hong Kong, she said the agreement will be signed in August this year and will take effect on July 1, 2019.
Auramon went on to say that her department has a plan to educate Thai businesses and entrepreneurs in regard to international treaties and agreements so as to enable them to maximise their gains and benefits.-VNA
You should also see
Leaders pay tribute to President Ho Chi Minh on National Reunification Day
Leaders and former leaders of the Party, State, Government, National Assembly (NA), and Vietnam Fatherland Front (VFF) paid tribute to President Ho Chi Minh at his mausoleum in Hanoi on April 26 on the occasion of the 49th anniversary of the Liberation of the South and National Reunification Day (April 30, 1975-2024).
See more
ASEAN
ASEAN Future Forum 2024 looks to ensure comprehensive security for community
The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
ASEAN
ASEAN Future Forum 2024 enters first session
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN
Canada, ASEAN consolidate climate change response, economic cooperation
The Canada-ASEAN Business Council (CABC) and the ASEAN Alliance on Carbon Markets (AACM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and accelerate the implementation of carbon crediting programmes across Southeast Asia.
ASEAN
ASEAN youth empowered to unleash potential: ASEAN chief
ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
World
Thailand urged to increase proportion of renewable power generation
The Thai Government is being urged to increase the proportion of renewable power generation to more than the target of 50% set in the power development plan (PDP).
