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Free trade agreements to expose Thai weaknesses, former official says.
Byline: Achara Ashayagachat
Nov. 5--Instead of hurting Thai industries directly, bilateral free trade agreements will highlight areas where structural adjustments are needed to improve competitiveness, according to Narongchai Akrasanee.
Dr Narongchai, a former commerce minister and head of a government working group examining the impact of FTAs, said the areas in which Thailand needed to improve included the dairy, finance and agricultural sectors and issues related to intellectual property.
The government is negotiating a number of free-trade agreements with countries such as the United States, Japan, India, China and Bahrain. The first ...
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Source: HighBeam Research, Free trade agreements to expose Thai weaknesses, former official says.