First, if the Taksin Government is compared to its predecessor, the Chuan Government, the Taksin Government seems to have a clearer vision in terms of uniting the country’s trade policy with its domestic or industrial policy. By looking at various speeches, it is possible to conclude that Taksin is trying to use FTAs with neighboring countries as a strategy to attract foreign investment and position Thailand as a strategic hub in the transportation and manufacturing networks of the region. The Thai Government seems to be pushing bilateral FTAs in a positive way,
Finally, based on the research undertaken for this paper, it is possible to offer a preliminary explanation as to why Thailand is so keen to promote bilateral FTAs. The main reasoning that has been driving Taksin’s attitude and approach towards establishing FTAs has been the desire to access a bigger market in Asia, a market that is comparable to the European Union and the FTAA (Free Trade Area of Americas).
First, if the Taksin Government is compared to its predecessor, the Chuan Government, the Taksin Government seems to have a clearer vision in terms of uniting the country’s trade policy with its domestic or industrial policy. By looking at various speeches, it is possible to conclude that Taksin is trying to use FTAs with neighboring countries as a strategy to attract foreign investment and position Thailand as a strategic hub in the transportation and manufacturing networks of the region. The Thai Government seems to be pushing bilateral FTAs in a positive way,
Finally, based on the research undertaken for this paper, it is possible to offer a preliminary explanation as to why Thailand is so keen to promote bilateral FTAs. The main reasoning that has been driving Taksin’s attitude and approach towards establishing FTAs has been the desire to access a bigger market in Asia, a market that is comparable to the European Union and the FTAA (Free Trade Area of Americas).
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