Thailand Plans To Join Talks On Trans-Pacific Trade Pact Membership

11/22/2021

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Staff | Reuters

BANGKOK, Nov 22 (Reuters) – Thailand aims to join talks on membership of a trans-Pacific free-trade agreement, a government official said on Monday, despite opposition from some politicians and business groups over fears the pact could harm farm and healthcare businesses.

The Southeast Asian country has long expressed interest in joining the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), seeing it as way of boosting the economy, and making sectors such as electronics and agriculture more competitive against rivals such as Vietnam and Malaysia, both CPTPP members.

The government had listened to public opinion and recommendations by the lower house and would prepare counter measures for those who could be affected by membership, deputy government spokeswoman Rachada Dhnadirek said in a statement.

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