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November 19, 2012

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Thailand to join TPP talks

AT a joint news conference with Obama, Thai Prime Minister Yingluck Shinawatra said Thailand would join talks on deeper trade ties with the US and other countries under the Trans-Pacific Partnership.

The TPP is a trade pact being negotiated between the US and Australia, New Zealand, Chile, Peru, Vietnam, Singapore, Malaysia and Brunei as well as Canada and Mexico.

It aims to cut barriers to trade, going further than existing bilateral and other pacts, but some Thais worry its provisions could conflict with rules for a Southeast Asian economic area to be set up in 2015.



 

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