EU and Thailand sign partnership

eu-thai-flagThe European Union and Thailand have finalised the text of a Partnership and Cooperation Agreement (PCA), according to a press statement from the EU office in Bangkok, the Bangkok Post reported.The pact is expected to complement a free trade agreement (FTA), for which Thailand and the EU opened negotiations in March 2013.

However, the FTA still faces considerable local opposition and the talks could take a long time to conclude Thailand is the seventh Asean member to conclude PCA negotiations with the EU. Similar agreements have been signed or are under negotiation with Indonesia, Vietnam, the Philippines, Singapore, Brunei and Malaysia.

Chief negotiator David O’Sullivan represented the EU while Thailand was represented by Sihasak Phuangketkeow. They initialled the text at a ceremony on Thursday in Brussels. The signature of the PCA will take place after the completion of ratification procedures necessary on both sides. It will enter into force once it has been ratified.

The agreement increases the scope of sectoral cooperation in many areas of mutual interest, such as tourism, labour and employment, education, migration, transport and the environment, according to the EU. “It will enhance the political dialogue and will intensify our work together on global issues such as non-proliferation, counter-terrorism and small arms and light weapons,” the statement said.



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The European Union and Thailand have finalised the text of a Partnership and Cooperation Agreement (PCA), according to a press statement from the EU office in Bangkok, the Bangkok Post reported.The pact is expected to complement a free trade agreement (FTA), for which Thailand and the EU opened negotiations in March 2013. However, the FTA still faces considerable local opposition and the talks could take a long time to conclude Thailand is the seventh Asean member to conclude PCA negotiations with the EU. Similar agreements have been signed or are under negotiation with Indonesia, Vietnam, the Philippines, Singapore, Brunei and...

eu-thai-flagThe European Union and Thailand have finalised the text of a Partnership and Cooperation Agreement (PCA), according to a press statement from the EU office in Bangkok, the Bangkok Post reported.The pact is expected to complement a free trade agreement (FTA), for which Thailand and the EU opened negotiations in March 2013.

However, the FTA still faces considerable local opposition and the talks could take a long time to conclude Thailand is the seventh Asean member to conclude PCA negotiations with the EU. Similar agreements have been signed or are under negotiation with Indonesia, Vietnam, the Philippines, Singapore, Brunei and Malaysia.

Chief negotiator David O’Sullivan represented the EU while Thailand was represented by Sihasak Phuangketkeow. They initialled the text at a ceremony on Thursday in Brussels. The signature of the PCA will take place after the completion of ratification procedures necessary on both sides. It will enter into force once it has been ratified.

The agreement increases the scope of sectoral cooperation in many areas of mutual interest, such as tourism, labour and employment, education, migration, transport and the environment, according to the EU. “It will enhance the political dialogue and will intensify our work together on global issues such as non-proliferation, counter-terrorism and small arms and light weapons,” the statement said.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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