FTA Talks Between Thailand and UAE Nearing Conclusion

[snoop1130]

 

BANGKOK (NNT) - The Commerce Ministry has reported that Thailand and the United Arab Emirates (UAE) are nearing the conclusion of their free trade agreement (FTA) negotiations, with approximately 80% of the discussions already completed. It is anticipated that both countries will finalize the FTA by the end of this year.

 

During the fourth round of Thai-UAE FTA negotiations in Bangkok on September 26-28, 2023, Commerce Minister Phumtham Wechayachai stated that he discussed various issues with UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi. As a result, both sides have reached agreements in various areas such as food, agricultural products, air conditioners, and car components. He added that the talks are about eighty percent complete and that both sides plan to conclude discussions by the end of 2023.

 

Department of Trade Negotiations Director-General Auramon Supthaweethum disclosed that the fourth round of talks involves discussions on five major areas which are trade in goods, trade remedies, legal and institutional matters, rules of origin, and trade in services and digital trade. Preliminary conclusions were reached for some panel discussions, such as customs procedures, intellectual property rights, investments, and other areas.

 

The Thai-UAE FTA, if finalized, could boost Thai GDP by 318-357 million US dollars and exports by 190-243 million dollars.

 

By Woraprat Lerpaisal

 

Full story: NNT 2023-09-29

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

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[KannikaP]

Did they discuss whether Jingluck should stay or go?

[hotchilli]

FTA... a joke with Thailand.

[sscc]

15 hours ago, snoop1130 said:

 

BANGKOK (NNT) - The Commerce Ministry has reported that Thailand and the United Arab Emirates (UAE) are nearing the conclusion of their free trade agreement (FTA) negotiations, with approximately 80% of the discussions already completed. It is anticipated that both countries will finalize the FTA by the end of this year.

 

During the fourth round of Thai-UAE FTA negotiations in Bangkok on September 26-28, 2023, Commerce Minister Phumtham Wechayachai stated that he discussed various issues with UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi. As a result, both sides have reached agreements in various areas such as food, agricultural products, air conditioners, and car components. He added that the talks are about eighty percent complete and that both sides plan to conclude discussions by the end of 2023.

 

Department of Trade Negotiations Director-General Auramon Supthaweethum disclosed that the fourth round of talks involves discussions on five major areas which are trade in goods, trade remedies, legal and institutional matters, rules of origin, and trade in services and digital trade. Preliminary conclusions were reached for some panel discussions, such as customs procedures, intellectual property rights, investments, and other areas.

 

The Thai-UAE FTA, if finalized, could boost Thai GDP by 318-357 million US dollars and exports by 190-243 million dollars.

 

By Woraprat Lerpaisal

 

Full story: NNT 2023-09-29

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get our Daily Newsletter - Click HERE to subscribe

Good

[PETERTHEEATER]

Top of agenda was the recurring export from UAE to Thailand of sand for Pattaya beach.