Canada ready to support Thailand to join CPTPP

Published 2021년 3월 11일

Tridge summary

The Deputy Prime Minister and Minister of Commerce of Thailand, Jurin Laksanawisit, has urged Thailand to join the Comprehensive and Progressive Agreement for the Pacific Economic Partnership (CPTPP), with the goal of increasing the trade value between Thailand and Canada from the current $2,308 million. Canada is prepared to support Thailand's import of products, including agricultural and food items, and promises to reduce trade obstacles. Thailand is also seeking support for its restaurants in Canada and is open to discussing the establishment of the ASEAN-Canada Free Trade Agreement, which could potentially reduce tariffs by more than 20%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

"Jurin" conferred on the Canadian Ambassador to Thailand Encourage Thailand to join the CPTPP and set a target to increase the value of inter-trade from the current US $ 2,308 million. Ready to support the import of Thai products Especially premium rice, processed food today, March 11, 2021 Mr. Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce. Revealed after a consultation with Canadian Ambassador Sarah Taylor to Thailand that the Comprehensive and Progressive Agreement for the Pacific Economic Partnership (CPTPP) Canada said it was ready to encourage Thailand to join. Which informed that now the Cabinet (Cabinet) has set up a sub-committee. To drive CPTPP on each subject The readiness will be assessed and presented to the cabinet for further decision making. As a result of this discussion, the two Thailand agreed to push the trade value up from 2020 when both sides had a total trade value of US $ 2,308.49 million or 69,255 million baht, which is Thai exports. ...

Source: Prachachat