Thailand Seeks EU Business Support to Seal FTA Deal by Year-End

On July 16, 2025, Prime Minister Anutin Charnvirakul welcomed senior executives and representatives of the EU-ASEAN Business Council (EU-ABC), the European Association for Business and Commerce (EABC), and European business delegations to Government House to discuss trade, investment, and economic cooperation. The Prime Minister stated that European business leaders have confirmed their intention to expand investments in Thailand and praised the government's responsiveness to the business sector following multiple international meetings. Thailand reaffirmed its readiness in investment, tourism, and manufacturing and requested European business support in finalizing the Thailand-EU FTA negotiations, targeting completion by the end of 2025. The Prime Minister acknowledged delays in final-stage talks due to differing positions between both sides, particularly on raw materials and agriculture, which require careful resolution to benefit all parties. A successful FTA would dramatically increase bilateral trade value and allow Thai exporters to access European markets without tariff barriers. When asked about obstacles, the Prime Minister identified raw materials and agriculture as key issues requiring balanced solutions. Regarding OECD membership, he reported that this topic is discussed at every international forum and that several world leaders have confirmed support for Thailand's membership bid. The Prime Minister emphasized that OECD membership would create new opportunities for Thailand in trade, investment, and raising national standards, complementing FTA negotiations, investment attraction, and the Thailand Fast Pass program. When asked if he was confident Thailand could achieve OECD membership by 2026, he said the government would proceed with full effort while acknowledging that final decisions rest with the OECD committee, not the Thai government, and Thailand would prepare comprehensive documentation to meet all criteria.