Political and economic relations

Overview

The European Union and Thailand are bound together by strong and longstanding ties, ranging from trade, tourism, investments and culture, to people to people contacts.

Thailand and the EU have negotiated and initialed a Partnership and Cooperation Agreement (PCA) which provides a comprehensive and ambitious framework for EU-Thailand relations and will open up wide opportunities to develop cooperation. The EU and its Member States will not sign the PCA with Thailand until a democratically elected government is in place. Thus the EC-ASEAN Agreement of 1980 still constitutes the framework for relations with Thailand, complemented by the Council Conclusions of 23 June 2014. In response to the military take-over in Thailand in May 2014, the EU called on the military leadership to restore, as a matter of urgency, the legitimate democratic process and the Constitution, through credible and inclusive elections.

Following the endorsement of the Council, the EU and Thailand launched negotiations on an FTA in March 2013. Both sides seek to negotiate a comprehensive agreement covering, inter alia, tariffs, non-tariff measures, services, investment, public procurement, intellectual property, competition, regulatory issues and sustainable development. Four negotiation rounds have taken place so far. The last negotiation round took place on 8-10 April 2014 in Brussels. Since the military take-over in Thailand in May 2014 no further FTA rounds have been scheduled.