Thailand will not join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) during this government's term, Commerce Minister Sontirat Sontijirawong said.
He said Deputy Prime Minister Somkid Jatusripitak, who is in charge of the economy, cited a lack of preparation time before the trade pact takes effect on Dec 30.
"There are many steps and Thailand is unlikely to complete them in time," he said.
Oramon Sapthaweetham, director-general of the Trade Negotiation Department, said Thailand would wait for clear regulations from the CPTPP about accepting new members before making its next move.