Thailand has submitted to the ASEAN Secretariat its ratification for the Regional Comprehensive Economic Partnership (RCEP) trade pact and reaffirmed that the world's biggest free trade deal will come into force on January 1 next year as scheduled, according to the Bangkok Post.
Bangkok (VNA) - Thailand has submitted to the ASEAN Secretariat its ratification for theRegional Comprehensive Economic Partnership (RCEP) trade pact and reaffirmedthat the world's biggest free trade deal will come into force on January 1 nextyear as scheduled, according to the Bangkok Post.
The BangkokPost quoted an unnamed source in theThai Commerce Ministry as saying that Thailand, through Commerce Minister JurinLaksanawisit, submitted the ratification for RCEP on Oct 28 to the ASEAN Secretariat,ahead of the previous deadline set in November.
The Thai Parliament ratified the pact on February 9 this year. The agreement, signed by 15 countries lastNovember, will come into effect 60 days after it is ratified by at least six ASEANmember nations and three other signatory countries.
Among the signatories, Singapore and China have completedratification procedures.
The RCEP groups the ten ASEAN member nations - Brunei,Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore,Thailand and Vietnam, as well as Australia, China, Japan, New Zealand and theRepublic of Korea.
Five ASEAN membercountries - Singapore, Brunei, Laos, Cambodia, and Thailand, have submittedtheir ratification of the pact.
TradeNegotiations Department's director-general Auramon Supthaweethum said Thailandwill benefit from RCEP in terms of a bigger market because RCEP is the world'slargest trading and investment market, comprising 15 countries with apopulation of nearly 2.3 billion, with a total GDP of 28.5 trillion USD in 2020.
The RCEP trade volume tallied over 10.7 triꦓllion USD or 30.3percent of𓆏 global trade last year./.
A weaker baht is predicted to increase Thailand’s rice exports in the rest of 2021 by making Thai rice more competitive and prompting higher global demand.
Prime Minister of Thailand Prayut Chan-o-cha will promote three key agendas at the 38th and 39th ASEAN summits and related meetings on October 26-28, according to Thai Government Spokesperson Thanakorn Wangboonkongchana.
Thailand’s Prime Minister Prayut Chan-o-cha will officially announce Thailand's new pledge to achieve carbon neutrality by 2065 when he attends the 26th UN Climate Change Conference (COP26) in the United Kingdom next week, local media reported.
The Fiscal Policy Office (FPO) of Thailand forecast this country’s economy will pick up next year at 4 percent as the pandemic situation is expected to improve and the country reopens on November 1.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
A supermarket in Thailand (Photo VNA) 
