Rushing to strike a deal with Europe

Quick Summary:

A free trade agreement (FTA) with the EU is a top priority for the Thai government, while businesses on both sides support a pact.

The pact is expected to stimulate foreign investment and foster growth in key sectors where Thailand excels, such as wholesale and retail, food production and tourism, noted the department.

As Thailand continues negotiations on the pact with the EU, it signed an FTA with the European Free Trade Association (Efta) on the sidelines of the World Economic Forum in Davos, Switzerland on Jan 23.

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Article Details

Category: EconomyBusiness

Markets: ThailandArgentinaBoliviaBrazilChinaIcelandIndonesiaJapanLiechtensteinMalaysiaNorwayParaguayPhilippinesSwitzerlandUruguayVietnam

Topics: Year Thailand Components Products Negotiations Billion Efta Department Pact Trade Thai

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 04:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1178 words

Reading Time: 7 minutes read

Sentences: 46 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25972374

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Official Website: bangkokpost.com

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News Last Updated: 4 hours ago

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