Thai Government Plans to Sign Free Trade Deals with More Provinces in China

[webfact]

 

By Subhabhong Rarueysong

   

BANGKOK (NNT) - The government aims to sign mini-Free Trade Agreements (FTAs) with other provinces in China following strengthened partnerships from the first FTA with Hainan province in late August.

 

Commerce Minister Jurin Laksanawisit said the ministry plans to organize online business matching activities between Thailand and Hainan at the end of 2021 and a trade fair, exhibiting world-class Thai brands, at the Hainan Expo for the second year in a row, focusing on promoting health and wellness products and services.

 

He said Thai officials are eager to sign similar partnerships to increase bilateral trade with more provinces in China, such as Gansu in the north, which is majority Muslim, making it a good match for Thai halal products.

 

According to the Commerce Ministry, the Chinese government recently declared Hainan a free trade port, linking it with countries along the “Belt and Road” initiative, to encourage trade activity there. Hainan is the smallest province in southern China and a strategic point connecting the Guangdong-Hong Kong-Macau Greater Bay Area to Southeast Asia along the "Maritime Silk Road."

 

-- © Copyright NNT 2021-09-20

 

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[RichardColeman]

12 minutes ago, webfact said:

He said Thai officials are eager to sign similar partnerships to increase bilateral trade with more provinces in China, such as Gansu in the north, which is majority Muslim, making it a good match for Thai halal products.

Don't think China give two hoots about muslim halal products or muslms in general

[fangless]

3 hours ago, webfact said:

According to the Commerce Ministry, the Chinese government recently declared Hainan a free trade port

If it already is a "Free Trade Port" why do you need to sign "Fee Port Deal"?

[SmartyMarty]

putting one's head in the tiger's mouth. big mistake. china never honors any agreement. china steals everything it can possibly take.

[realfunster]

[hotchilli]

2 hours ago, SmartyMarty said:

putting one's head in the tiger's mouth. big mistake. china never honors any agreement. china steals everything it can possibly take.

Quid pro quo ?

[JonnyF]

2 hours ago, SmartyMarty said:

putting one's head in the tiger's mouth. big mistake. china never honors any agreement. china steals everything it can possibly take.

Sounds a lot like Thailand. Neither country has a great record of honoring free trade agreements.

 

Should be a marriage made in heaven.

[Mr Meeseeks]

6 hours ago, webfact said:

exhibiting world-class Thai brands

Such as? ????

[hansnl]

Thailand really needs free trade with China?

Wouldn't that be a more or less one-way street?

Maybe it might be wise to pen a clause into the agreement that for every 100 baht import from China there must be a 100 baht export to China.

Don't think China will agree to that.

Edited September 20, 2021 by hansnl

[Isaan sailor]

Why not just let China annex Thailand?  After all, that seems to be the game plan.

[Burma Bill]

10 hours ago, webfact said:

Hainan................. a strategic point ....................... along the "Maritime Silk Road."

[Eric Loh]

2 hours ago, hansnl said:

Thailand really needs free trade with China?.

Thailand has a free trade agreement with China since Nov 2020 called RCEP. 

[Andycoops]

Will probably mean more cheap c r a p arriving in the shops here then.

[bdenner]

9 hours ago, SmartyMarty said:

putting one's head in the tiger's mouth. big mistake. china never honors any agreement. china steals everything it can possibly take.

Yep. Look at the idiots in the NT of Australia who gave away the Port of Darwin for 99 years for a lousy 500 mil dollars.

The Chinese getting revenge for the British lease on Hong Kong.

[zzaa09]

5 hours ago, Isaan sailor said:

Why not just let China annex Thailand?  After all, that seems to be the game plan.

Actually, if one might carefully look into the history of Chinese-SE Asian relations. 

Hint: Ming Dynasty and loosely knitted tributary/vassal states.

 

And for all of the deeply set Eurocentric types conditioned to be everything anti-China [for centuries]. Beware of the Yellow Peril boogieman. ????????

Edited September 20, 2021 by zzaa09

[Sharron Merrilees]

16 hours ago, bdenner said:

Yep. Look at the idiots in the NT of Australia who gave away the Port of Darwin for 99 years for a lousy 500 mil dollars.

The Chinese getting revenge for the British lease on Hong Kong.

China isn't talking to us nearly all trade has stopped, now France has pulled it's Embassy staff out of the country cause chief clown ( scot Morrison ) went back on a deal for submarines, so now he's in the US kissing Blyton A-- on nuc subs. The country is in so much daet and such a stuff up over vaccinations let him stay out though he always dose when he stuff's up he will be out next May.

[elgenon]

Does Thailand really think it can compete on manufactured products? Maybe food, since china needs more.