15 Asia-Pacific countries form the world’s largest trade bloc, the great RCEP reset After 8 gruelling years of negotiation, 15 countries have signed onto the largest free trade bloc in history. In a joint statement, the leaders of the countries, signatories of the trade deal, say RCEP (Regional Comprehensive Economic Partnership) will form a crucial…
Free Trade Agreement talks continue between Thailand and EU Thailand is resuming trade talks with the European Union on the long-delayed Thai-EU free trade agreement. The 15th Thai-EU Senior Officials’ conference was held virtually between leading Thai and European trade officials this week. The push was on to have the Free Trade Agreement signed and…
US cuts Thailand’s tariff benefits after long-running pork dispute Thailand’s duty-free privileges for US$817 million in exports with the US are to be revoked from the end of this year, according to US President Trump in an announcement yesterday. The President blamed a lack of progress in opening the Thai market to US pork products.…
Department of Trade Negotiations pushes ahead utilisation of RCEP privileges As the 15 Regional Comprehensive Economic Partnership (RCEP) members are preparing to sign an agreement this November in Vietnam, the Department of Trade Negotiations is explaining how to make the most of RCEP and deal advantageously with its impacts in terms of competition among farmers,…