Thailand to join WTO procurement framework
- Published: 31 May 2012 at 12.36
- Online news: World
Thailand will look to participate in a framework under the World Trade Organisation that commits members to transparency in government procurement, Kittiratt Na-Ranong, the finance minister and deputy prime minister, said on Thursday.
Mr Kittiratt, speaking at the World Economic Forum on East Asia, said Thailand "would commit to join” the next discussions for the WTO Government Procurement Agreement.
In March, 41 countries, including the US, members of the European Union, Hong Kong and Japan, adopted the Government Procurement Agreement, a set of legally binding commitments toward non-discrimination and transparency in the procurement of products and services by government. The agreement also outlines tender procedures to ensure equal opportunity to foreign and domestic suppliers for contracts.
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