Among other things, the DTN will push for more FTA agreements to cover up to 80 per cent of Thailand’s trading partners. Currently, the FTA ratio of Thailand with trading partners stands at 64 per cent, while Singapore’s FTA ratio is 96 per cent, Vietnam 73 per cent and the Philippines 71 per cent. “This year, the DTN plans to complete pending FTA talks, such as Thailand-Turkey FTA, Thailand-Sri Lanka FTA, and Thailand-Pakistan FTA,” Oramon said. She is confident that the FTA talks with Turkey will be concluded this year and Thailand will then hold talks with the European Free Trade Association as well as with the European Union. The DTN will gradually hold talks of the joint trade committee (JTC) with key trade partners.

Source: The Nation Bangkok May 05, 2022 10:04 UTC