US Thailand Treaty of Amity

[myprivate]

Bit of background first, US citizens and US companies can own 100% of a Thai company, the rest of us can only own maximum 49%.

 

https://en.wikipedia.org/wiki/Treaty_of_Amity_and_Economic_Relations_(Thailand–United_States)

 

My question is this, how come other major trading blocks, particularly the EU, have not negotiated an equivalent treaty so that their companies and citizens can own 100% of Thailand companies same as the US? Is it incompetence, weakness, not wanting to rock the boat, or something else?

[mshs]

The US is in it's own class, it's not the EU or even the UK.