Thailand will hold bilateral negotiations with Japan, New Zealand and India in an attempt to finish talks on the Regional Comprehensive Economic Partnership (RCEP) by November.
Local media quoted Auramon Supthaweethum, Director-General of the Trade Negotiations Department of Thailand, as saying that the country has scheduled bilateral negotiations with the three partners during the RCEP trade negotiating committee’s meeting set for Vietnam’s central city of Da Nang later this month, to thrash out differences on contentious issues such as opening markets for sensitive goods and services.
The RCEP initiative was launched in November 2012 with the aim of boosting economic cooperation between 10 ASEAN countries and six dialogue partners, namely China, Japan, the Republic of Korea, Australia, India and New Zealand.
Negotiators from all the participating countries have concluded talks on seven articles from a total of 20, including customs and trade facilitation; state procurement; economic and technical cooperation; and small- and medium-sized ent
How the COVID-19 situation may affect Thailand’s export sector
Thailand’s export sector could face damage of 200-300 billion baht if the situation cannot be brought under control within six months.
The Thai National Shippers’ Council has raised a concern that the export sector might face a 200-300 billion baht toll should the COVID-19 situation not be brought under control in six months, urging the government to speed up the vaccine rollout to all segments of the population.(more…)
Pandemic drives sea freight prices to record high
The Covid-19 pandemic, which initially brought global shipping to a virtual standstill, did not bode well for the industry and led to “an unprecedented drop in demand”
Can border reopening revive tourism in South-East Asia?
In Thailand, where pre-pandemic tourism accounted for 11-12% of GDP, the country lost an estimated $50bn last year as Covid-19...
Thailand dropped from UK’s tough covid-19 travel ‘red list’
Earlier, Thailand was listed among countries with high infection levels that were put on a ‘red list’, requiring arrivals to...
The ASEAN-Russia Trade and Investment Cooperation Work Program
ASEAN and Russia recently agreed to enhance and widen economic cooperation at the 10th ASEAN Economic Ministers (AEM)-Russia Consultations held...
Flexible Workspace Startup Worklounge Debuts with 20+ Luxury Member Lounges in Thailand
Worklounge launches a premium membership granting remote professionals and executives access to exclusive hotel lounges across Thailand. Their platform is...
5 insights to guide ASEAN’s digital generation in a post-pandemic world
We surveyed 86,000 people from six ASEAN countries about their views for a post-pandemic world. The ASEAN Digital Generation Report...