THAILAND-EU FREE TRADE DEAL OFFERS MUTUAL ADVANTAGES – IF AGREEMENT IS NOT ABUSED BY CHINA
September 27th, 2023
Thailand has often been overshadowed as a clothing and textile outsourcing hub, given the high profile of the industries in neighbours Vietnam and Cambodia – but its output is significant and a free trade agreement (FTA) now under negotiation with the European Union (EU) could boost its exports. Germany-based statistics service Statista said that Thailand exported USD6.9 billion’s worth of apparel and textile materials in 2022 (1). March statements from the European Commission and the Thai government relaunching trade talks said they would focus on market ...
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