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Thailand–EU FTA talks on track despite past political hurdles - EU trade chief

Thailand–EU FTA talks on track despite past political hurdles - EU trade chief

11 Sept 03:55 Key points summarised by AI
  • EU trade chief Bernd Lange confirms that Free Trade Agreement (FTA) negotiations between Thailand and the EU are progressing well, overcoming past political obstacles.
  • While Thailand aims to finalize the FTA by year-end, Lange highlights the agreement's complexity, suggesting that a comprehensive conclusion requires time despite positive progress.
  • Negotiations, initially suspended in 2014 following a military coup, were relaunched in March 2023, with confidence expressed for an eventual deal.
  • Lange stresses the importance of EU-ASEAN cooperation, including bilateral FTAs, to counter global economic uncertainties and provide a stable alternative to unpredictable tariff policies.
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