The Thai Ministry of Commerce planned to propose on February 9 to the parliament the ratification of the Regional Comprehensive Economic Partnership (RCEP), the world's biggest free trade deal signed by 15 nations in Asia-Pacific in November 2020.
Bangkok (VNA)ꦡ – The ThaiMinistry of Commerce planned to propose on February 9 to the parliament the ratification of theRegional Comprehensive Economic Partnership (RCEP), the world'sbiggest free trade deal signed by 15 nations in Asia-Pacific in November2020.
If half the RCEP memberstates (at least six ASEAN countries and four non-ASEAN countries) ratify thepact, it will be enforced instantly. Thai Vice Minister ofCommerce Sansern Samalapa said after the parliamentary ratification,Thailand will move to improving domestic laws to be in compliance with the agreement. The local media quotedSamalapa as saying that the deal is expected to come into force this year andwill support open, comprehensive and regulatory trade and investment. It willstrengthen and maintain connectivity to regional production and the supply chain. The pact comprises 20 chapters, which includeprovisions for trade in goods, rules of origin, customs procedures, sanitarymeasures, e-commerce, small business, government procurement and disputesettlement. In 2019, the population of the RCEPsignatories was almost 3.6 billion, or 48.1 percent of the total worldpopulation. The combined GDP of the RCEP members was worth more than 28.5trillion USD, making up 32.7 percent of the world's GDP. Trade between members was valued at 11.2trillion USD over the same period, 29.5 percent of the world trade./.
The mammoth trade deal Regional Comprehensive Economic Partnership (RCEP) is expected to unlock more export markets for Vietnamese agricultural products, according to insiders.
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Thailand’s Public Health Ministry is concerned about possible COVID-19 transmission risks when families reunite to celebrate the upcoming Lunar New Year this week.
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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.
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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.
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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.
In Thailand (Photo: VNA) 
