High-level discussions in Bangkok focus on advancing trade agreements and investment opportunities.

Bangkok, Thailand – On 21 February 2025, Ms. Pinsuda Jayanama, Director-General of the Department of International Organizations, met with Mr. David Daly, Ambassador of the European Union to Thailand, alongside delegates from EU member state embassies. The meeting underscored the robust partnership between Thailand and the European Union, emphasizing collaborative efforts to enhance economic ties.

Both parties expressed mutual commitment to advancing the Thailand-EU Free Trade Agreement (FTA) negotiations, aiming for a timely conclusion. This initiative aligns with Prime Minister Paetongtarn Shinawatra’s recent emphasis on finalizing the FTA within the year to bolster trade and investment.

During a meeting with the EU-ASEAN Business Council and the European Association for Business and Commerce, the Prime Minister highlighted the significance of the FTA, stating, “Our recent signing of the free trade agreement with EFTA nations marks Thailand’s 16th such agreement and our first with European partners.”

The discussions also explored opportunities for European businesses to invest in Thailand’s burgeoning clean energy and digital sectors. Ambassador Daly acknowledged Thailand’s strategic position in the region and its potential for sustainable growth. He remarked, “European businesses remain firmly committed to Thailand, particularly impressed by the country’s progress towards sustainability targets and post-pandemic recovery.”

In addition to the FTA, both sides deliberated on enhancing cooperation in advanced technology, innovation, and human capital development. These efforts aim to elevate Thailand’s competitive edge and create a conducive environment for foreign investment. The recent signing of the FTA with the European Free Trade Association (EFTA) is anticipated to serve as a catalyst for the Thailand-EU FTA, further integrating Thailand into the global economy.

The meeting concluded with a shared commitment to continue dialogues and collaborative initiatives, reinforcing the longstanding partnership between Thailand and the European Union.

Source: Ministry of Foreign Affairs, Kingdom of Thailand