Popular Post snoop1130 Posted July 20, 2021 Popular Post Share Posted July 20, 2021 BANGKOK (NNT) - Thailand’s Commerce Ministry expects that Thailand will complete discussions on a free trade agreement (FTA) with Pakistan this year. Department of Trade Negotiations (DTN) Director-General Auramon Supthaweethum said only one out of 13 items was left to be negotiated. The department believes that the FTA with Pakistan will help boost the Thai economy by 0.18 to 0.32% or between US$200 million and $800 million in value. She pointed out that the FTA will also help turn Pakistan into a production base for South Asian, Middle Eastern and Chinese markets, as Pakistan has policies which support investment in over 22 special economic zones. According to the DTN, the sector which will benefit the most from the FTA is auto-parts, in which Thailand already holds a one-fifth market share in Pakistan. Pakistan is also a large, attractive market with some 30 million consumers and has abundant natural fishing resources which will be beneficial for Thailand’s seafood industry. -- © Copyright NNT 2021-07-20 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 3 Link to comment Share on other sites More sharing options...
mfd101 Posted July 21, 2021 Share Posted July 21, 2021 Wow! Quite a coup! 2 Link to comment Share on other sites More sharing options...
Popular Post pegman Posted July 21, 2021 Popular Post Share Posted July 21, 2021 7 minutes ago, mfd101 said: Wow! Quite a coup! Be carefull about tossing the word "coup" around. It doesn't take much to trigger one here. 3 Link to comment Share on other sites More sharing options...
joebrown Posted July 21, 2021 Share Posted July 21, 2021 I wonder whether Pakistan understands Thailand's interpretation of 'Free Trade'? 2 Link to comment Share on other sites More sharing options...
Burma Bill Posted July 21, 2021 Share Posted July 21, 2021 16 hours ago, snoop1130 said: the sector which will benefit the most from the FTA is auto-parts and cricket bats??? Link to comment Share on other sites More sharing options...
mfd101 Posted July 21, 2021 Share Posted July 21, 2021 3 hours ago, joebrown said: I wonder whether Pakistan understands Thailand's interpretation of 'Free Trade'? The question might be asked in both directions, I suspect. Link to comment Share on other sites More sharing options...
The Hammer2021 Posted July 21, 2021 Share Posted July 21, 2021 One irrelevant basket case economy trades with another.. 2 Link to comment Share on other sites More sharing options...
Caldera Posted July 21, 2021 Share Posted July 21, 2021 You couldn't make this up. Will Pakistan partner with Thailand's up and coming space program, too? 1 Link to comment Share on other sites More sharing options...
Captor Posted July 21, 2021 Share Posted July 21, 2021 Really?! The worst <deleted> country in the world! Link to comment Share on other sites More sharing options...
Bluespunk Posted July 21, 2021 Share Posted July 21, 2021 16 hours ago, mfd101 said: Wow! Quite a coup! It is what they do best. 1 Link to comment Share on other sites More sharing options...
Laughing Gravy Posted July 21, 2021 Share Posted July 21, 2021 On 7/20/2021 at 9:05 PM, snoop1130 said: Thailand’s Commerce Ministry expects that Thailand will complete discussions on a free trade agreement (FTA) with Pakistan this year. The important word here is complete. So that could mean anything from immediately (hardly unlikely) to five years. I know Thailand needs some good news but I wouldn't start swinging from the lampshades just yet with this news statement. Link to comment Share on other sites More sharing options...
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