Mr Somkid says the Regional Comprehensive Economic Partnership will be vital to world trade in the absence of the Trans-Pacific Partnership. The 12 TPP members account for 40% of Thailand's trade and 45% of foreign direct investment. "The pact, if implemented, may cause troubles for exports to countries that are not TPP members. Mr Somkid said that without TPP, the Regional Comprehensive Economic Partnership (RCEP) will become vital to world trade. "Asia needs to come together and strengthen the role of Asia," Mr Somkid said.

Source: Bangkok Post November 16, 2016 23:36 UTC