Members discussed the state of play of EU-Thailand FTA negotiations, aligned on action points for key advocacy initiatives and held an open sharing session on shipping, logistics, customs & trade developments in Thailand.
TEBA members advocated for a better market access for European business and expressed strong support for the ongoing Thailand-EU Free Trade Agreement (FTA). This, in turn, will improve the country's competitiveness, increase local productivity, boost growth and employment, and propel the country's industrial development.
The group also stressed on the importance of a good level playing field between European players and those from other FTA partners in the country, which is a key to strengthening Thailand’s position as a regional leader in the automotive, aerospace, and other high-tech and innovative industries.
The first 2024 session of our European Aerospace Committee (EAC), a joint initiative between Thai-European Business Association (TEBA) and Franco-Thai Chamber of Commerce (FTCC).
The 1st TEBA Automotive Working Group of 2024 stated.
The meeting then proceed with productive and fruitful discussions, and also created detailed action plans for this year.