Thailand keen on reviving trade agreement with EFTA


BANGKOK, 9 September 2013 Prime Minister Yingluck Shinawatra has expressed her readiness to develop the Thai-Swiss trade relations and revive the free trade agreement between Thailand and the European Free Trade Association (EFTA). 

During her trip in Switzerland, the prime minister attended talks with representatives of the Thai private sector who were interested in doing business in the country. The businessmen voiced their agreement with the Thai government’s idea to resume the Thai-EFTA FTA since they saw that the cooperation would encourage Swiss investment in Thailand and imports of Thai agricultural goods.

Regarding her upcoming visit to Italy, Ms Yingluck said Thai SMEs would be able to exchange knowledge with their Italian counterparts in a meeting to discuss trade and investment issues.

While in Montenegro, her final destination on the trip, the premier said she would seek opportunities for Thai agricultural exports as 80% of food products in Montenegro were imported.