CPTPP discord delays entryGiven the contentious debate about whether the country should join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Thailand is unlikely to be able to submit a formal request to join the controversial pact within this year. The cabinet agreed to set up a special committee to study the costs and benefits of CPTPP, she said. The country still has room to submit a formal request to join the pact in the future if we choose." Moreover, the CPTPP offers a significantly expanded range of markets, including those Thailand does not have FTAs with (Canada and Mexico). Non-governmental organisations spearheaded by FTA Watch and BioThai, another civic group advocating sustainable agriculture, have raised concerns about the overwhelming disadvantages that CPTPP would bring to Thailand.

Source: Bangkok Post July 01, 2020 22:30 UTC