A Thai delegation, led by Prime Minister Paetongtarn Shinawatra, engaged with major UK private sector representatives in London to boost trade and investment. Discussions focused on enhancing Thai agricultural and food exports, attracting Thai investment to the UK, and laying the groundwork for a future Free Trade Agreement.
Key Takeways
- A Thai delegation, led by Prime Minister Paetongtarn Shinawatra, met with UK businesses in London to boost Thai agricultural and food exports and encourage Thai investment in the UK.
- Discussions focused on increasing market access for Thai products, reducing trade barriers (especially for chicken), and facilitating entry for Thai professionals.
The initiative aims to strengthen Thailand’s position as a premium exporter and investment partner in the UK, coordinating efforts to drive trade and investment growth in the region
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Key companies like Selfridges and CP Intertrade participated. Talks centered on improving access for Thai products, lowering trade barriers, particularly for processed chicken, and facilitating entry for Thai professionals.
The Prime Minister tasked Thai agencies with fostering trade and investment growth with the UK, aiming for broader EU expansion. In 2024, the UK ranked as Thailand’s fourth-largest European trading partner, with bilateral trade reaching $6.66 billion. Thai exports, including processed chicken and machinery, totaled $4.19 billion, while imports from the UK were $2.46 billion. This initiative aims to establish Thailand as a premium partner in the UK’s post-Brexit market.
