Thailand does not have a specific policy on outward FDI.
However, the Government has been encouraging Thai enterprises
to go abroad since the early 1990s through various measures
and institutional support facilities. It had also signed 39 bilateral
investment treaties and 56 double taxation treaties with partner
economies by 1 January 2006,15 and concluded various regional
arrangements (ASEAN Free Trade Area, ASEAN Investment
Area, ASEAN Framework Agreement on Services) and bilateral
FTA agreements (with Australia, China, India, New Zealand),
which contain investment provisions. The Thailand-Australia
Free Trade Agreement is expected to open up Australia to Thai
investment, including Thai restaurant businesses.16