Thailand and the European Union are strategizing to finalize their Free Trade Agreement (FTA) by 2025, aiming to enhance bilateral trade relations. This agreement is anticipated to pave the way for increased investments and improved market access between the two regions.
The FTA will focus on various key areas, including taxation policies, which could streamline processes and attract foreign direct investment. Both parties seek to create a conducive environment for businesses, ultimately fostering economic growth.
Sustainable development is a priority within the agreement, ensuring that trade practices contribute to environmental protection and social responsibility. The Thailand-EU partnership is poised to create a more resilient and sustainable economic landscape.
Source link : Thailand-EU FTA Set for 2025: Impact on Trade and Growth
