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Joint Statement EU-Thailand FTA negotiations, 1st round, Brussels 27-31 May 2013

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Joint Statement

EU-Thailand FTA negotiations, 1st round, Brussels 27-31 May 2013

 

The first round of EU-Thailand negotiations on a comprehensive free trade agreement (FTA) was held from 27-31 May in Brussels. The launch of FTA negotiations marks an important step in strengthening EU-Thailand trade relations with enormous potential for both sides. The ambition is to conclude a comprehensive FTA.

The negotiations were officially launched on 6 March 2013 by President Barroso, European Commission President, and the Thai Prime Minister Yingluck Shinawatra. The EU is Thailand’s third largest trading partner and the Thailand is the EU’s third largest trading partner inside ASEAN (Association of South East Asian Nations). Trade between the EU and Thailand reached nearly €32 billion in 2012. The EU is one of the largest investors in Thailand.

The next round of negotiations will be held in Thailand from 16-20 September 2013.

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