Thailand and the US should also negotiate a bilateral deal under Trade and Investment Framework Agreements (TIFAs) in the first quarter of next year, they said. Trump said yesterday that he will tear up the TPP deal – initiated by outgoing President Barack Obama – as soon as he arrives at the White House in January. On the positive side, Thailand will not be left behind other TPP members because it has yet to join the pact. Sunanta Kangvalkulkij, deputy head of the Commerce Ministry’s Trade Negotiations Department, said TPP’s collapse would ease the pressure on Thailand. Once the TPP ends, the US will possibly pay more attention to other bilateral trade deals, Sunanta said.

Source: The Nation Bangkok November 23, 2016 00:03 UTC