28 Jun 2019
International Economy
All eyes are on the G20 Summit, in particular a talk between the US and China, the world’s superpowers, to end the trade war that will last for a year in July 2019. Looking back, it is believed that the US and China knew that they would not benefit from the persistent trade war. A clear consequence of their trade dispute is now seen in rising prices of their imported products and this has hurt their consumers and manufacturers. The stances of the US and Chinese leaders in ending the trade war are based on political benefits and their popularity at home.... Read more
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26 Jun 2019
The ASEAN Summit 2019 ended with members agreeing to conclude the talks for the Regional Comprehensive Economic Partnership (RCEP) framework by 2019. Thailand should take this opportunity as the ASEAN Chair to act as the facilitator to bridge the differences among members to push for the success of the RCEP trade liberalization. RCEP members include ten ASEAN countries and the other six negotiating partners (Plus 6) including China, Japan, South Korea, India, Australia and New Zealand). ... Read more
15 Sep 2017
A major implication of the EU-Japan Economic Partnership Agreement, the ‘EU-Japan FTA', is that it will further liberalize the ... Read more
A major implication of the EU-Japan Economic Partnership Agreement, the ‘EU-Japan FTA’, is that it will further liberalize the Japanese agricultural market for EU farm produce. Japan is one of the world’s most protected farm produce markets. The agreement may lead to trade diversion of Thai agricultural food exports to Japan. Once the EU-Japan FTA lowers tariff barriers for EU products entering the Japanese market, that could affect the Thai agricultural and agro-processed exports sent there now, even though Thai products are relatively competitive in international markets.... Read more
15 Feb 2016
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