The US withdrawal from the 12-nation TPP pact may worry Japan, but it comes as a relief to many parties in Thailand. Any predictions that he will seek Asian trade agreements and bilateral agreement Thailand are possible." Twelve Pacific Rim countries led by the US concluded the TPP agreement on Oct 5, 2015. Unlike the TPP, RCEP has no environmental or labour standard provisions, which are often pushed by the US but unpopular with other countries. "Although Thailand is not a TPP participant, the country still has FTAs with several countries in the Asia-Pacific area, including China," she said.

Source: Bangkok Post February 03, 2017 00:55 UTC