COMMERCE
Govt urged to clarify policy on trade talks
- Published: 1 Dec 2012 at 00.00
- Newspaper section: Business
The government needs to make it clear whether it is seriously committed to entering into US-led free-trade negotiations under the Trans-Pacific Strategic Economic Partnership (TPP), as wavering policy will affect foreign investment, warn trade experts.
"An executive of one foreign company has said the company will likely move to neighbouring countries such as Vietnam because Thailand has an unclear policy on this trade issue," said Somkiat Trirattanapan, deputy director-general of the Trade Negotiations Department.
The government announced during US President Barack Obama's visit last month that it will initiate the process to participate in TPP negotiations.
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