What trade agreements is Thailand part of?

Thailand-European Free Trade Association (EFTA) Free Trade Agreement. Thailand-European Union Free Trade Agreement. India-Thailand Free Trade Area. Pakistan-Thailand Free Trade Agreement.

Is Thailand a member of a trade alliance?

Thailand and the WTO

Thailand has been a WTO member since 1 January 1995 and a member of GATT since 20 November 1982.

How many free trade agreements does Thailand have?

Thailand has signed 12 agreements (6 bilateral and 6 multilateral) with 9 FTAs that are currently under negotiations or under the direction of doing so.

Does the EU have a trade agreement with Thailand?

Thailand and the European Union (EU) have agreed to resume negotiations on a free trade agreement (FTA), seven years after talks collapsed in 2014, following the military coup in Thailand.

What is the trade policy of Thailand?

Thailand’s free-trade agreements sometimes simultaneously involve bilateral and regional deals. For example, Australia-Thailand trade is governed by an agreement between the two countries as well as a pact between Australia-New Zealand, and ASEAN in which each is a member.

Is Thailand a part of WTO?

Thailand has been a WTO member since 1 January 1995 and a member of GATT since 20 November 1982.

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What is Thailand’s main export?

The country mainly exports manufactured goods (86 percent of total shipments) with electronics (14 percent, vehicles (13 percent), machinery and equipment (7.5 percent) and foodstuffs (7.5 percent) being the most important. Agricultural goods, mainly rice and rubber, account for 8 percent of total shipments.

What does Australia and Thailand trade?

Australia’s key goods exports to Thailand include natural gas, crude petroleum and coal. Thailand’s key exports to Australia are passenger and goods vehicles. Over 3,000 Australian companies export to Thailand and around 300 maintain a physical presence in the country.

Does Thailand have FTA with China?

The China-Thailand Free Trade Agreement (FTA) was signed in June 2003 and took effect four months later, in October 2003. … It has only benefited merchants who control the trade and can use it to grow their contract farming businesses, such as Thailand’s Charoen Pokphand Group, which is held by Chinese owners.

Is Thailand part of European Union?

As the country has had great improvements in its standards of living, the EU-Thailand relationship has evolved into an equal and mutually-beneficial partnership.

Is Thailand an EU country?

Please read the conditions of use.

List of non-EU countries.

COUNTRY ARRANGEMENTS APPLICABLE
THAILAND No preferential arrangements applicable
TIMOR LESTE EBASearch for available translations of the preceding linkEN•••

What type of trade agreement is the EU?

The EU also enters into non-preferential trade agreements, as part of broader deals such as Partnership and Cooperation Agreements (PCAs). Negotiations of trade agreements are conducted in accordance with the rules set out in Article 218 of the Treaty of the Functioning of the European Union.

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Does Thailand have tariffs?

Thailand has bound 75 percent of its tariff lines in the World Trade Organization (WTO), with an average WTO bound tariff rate of 28 percent. High tariffs in many sectors continue to hinder access to the Thai market for many U.S. products.

Does Thailand have a free trade agreement with India?

Beginning in 2004, the Thailand-India Free Trade Agreement covered trade in goods by 2010. … India is Thailand’s number one trading partner in South Asia and is the door for Thailand to other markets in the region such as Nepal, Bhutan, Sri Lanka, and Bangladesh.

What are the agreements of WTO?

The WTO agreements cover goods, services and intellectual property. They spell out the principles of liberalization, and the permitted exceptions. They include individual countries’ commitments to lower customs tariffs and other trade barriers, and to open and keep open services markets.