Thailand Expands FTA Access to Boost SME Exports Amid Economic Reform Strategy
Post Today
Key summary
The Ministry of Commerce in Thailand is accelerating efforts to add value and reform the economy through Free Trade Agreements (FTAs) to create business opportunities. Dr. Kiridha Phapichit, Deputy Minister of Commerce, highlighted a new strategy called 'BCD'—Balance, Co-create, Develop—to connect Thai businesses with global markets. While Thailand has 14 active FTAs covering 18 countries, negotiations for agreements with the UAE and the EU are progressing, with potential new deals expected to bring the total to 20 by late 2069.
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Official source
Post Today
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