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Launch of the UK-Thailand Enhanced Trade Partnership
07 October 2024
Type
Written Ministerial Statement
Department
Department for Business and Trade
TAGS
At a Glance
Issue Summary
Douglas Alexander announces the launch of the UK-Thailand Enhanced Trade Partnership (ETP) signed in Bangkok.
Action Requested
The ETP aims to enhance trade, investment and economic cooperation between the UK and Thailand through a framework covering 20 priority areas and is overseen by the JETCO with regular updates based on business consultations.
Key Facts
- The total trade in goods and services between the UK and Thailand was £5.9 billion to the end of Q1 2024.
- The partnership is non-legally binding but includes a comprehensive workplan guided by JETCO.
- Priority areas include automotive, tourism, investment, digital trade, financial services, and education.
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Assessment & feedback
Summary accuracy