Thailand is racing to secure a free-trade agreement with the European Union as uncertainty over US tariffs pushes countries to forge new economic partnerships, according to a top trade official.
“The reason why we’re accelerating the EU FTA so much is because we want to diversify as quickly as possible,” Thai Trade Representative Werapong Prapha said in an interview in Bangkok. “Less reliance on Chinese supply chains and US supply chains.”
His comments offer one of the clearest indications yet that Thailand views an EU agreement as part of a broader strategy to navigate an increasingly fragmented global trading system ...