future regional integration: possible trajectories from thailand’s perspective

Future Regional Integration:Possible Trajectories

from Thailand’s Perspective

Kejpiroon Kate KohsuwanMinistry of Commerce

Thailand

India ChinaHistory Religion TradeDiplomatic Ties 1 Aug 1947 1 July 1975Trade Agreement Dec 1968 31 Mar 1978Joint Trade Committee

Feb 1985 9 Nov 1978

BIT July 2000 13 Dec 1985Double taxation Agreement

1985 29 Dec 1986

Other Cooperation Security, Science & Technology & Environment, Education, Tourism, Cultural

Education, Cultural

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India China

Trade 2008(million US$)

5,974.84 36,346.89

Trade 2009 (Jan-Sep)(million US$)

3,488.30 22,957.02

FDI under BOI incentives2005-2009 (Sep)

6,149 Million Baht175.7 Million US$

9,318 Million Baht266.2 Million US$

Thailand Investment Sectors

Food, Animal feed, Construction, Auto parts, Electrical and electronic appliances, Real estate

Animal feed, Poultry, sugar, Food, Hotel, Auto parts,

Partners Investment Sectors

Chemicals, Plastic, Auto, Steel, Aluminum, Ceramics, Synthetic yarn, Hotel, Research, Software

Metal, electronic and electrical appliances, Machinery,

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Thailand Trade with India

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IndiaExport from Thailand

• Polymers of ethylene, propylene, etc. in primary forms

• Chemical products• Automatic data processing

machines and parts• Motor cars, parts and accessories• Spark-ignition reciprocating

internal combustion piston engines and parts

• Machinery and parts• Precious stones and jewelry• Radio-broadcast receivers,

television receivers and parts• Refine fuels• Rubber

Import from India• Jewelry• Chemicals• Vegetables and vegetable

products• Electrical household

appliances• Machinery and parts• Medicinal and pharmaceutical

products• Metal ores, metal waste scrap• Parts and accessories of

vehicles• Iron, steel and products• Yarn and fibers

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Thailand Trade with China

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ChinaExport from Thailand

• Automatic data processing machines and parts

• Rubber• Chemical products• Polymers of ethylene,

propylene, etc. in primary forms

• Electronic integrated circuits• Rubber products• Refine fuels• Tapioca products• Woods and wood products• Other electrical equipment

and parts

Import from China

• Computers, parts and accessories

• Electrical machinery and parts• Electrical household

appliances• Machinery and parts• Chemicals• Miscellaneous manufactured

articles• Fabrics• Metal manufactures• Fertilizer and pesticide• Iron, steel and products

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Free Trade AgreementIndia China

Thailand - India FA: 9 Oct 2003EHS 82 items: 1 Sep 2004 1 Sep 2006: 0%

ASEAN - China Thailand EHS: Signed 18 Jun 2003Thailand EHS: 07-08116 items1 Oct 2006

ASEAN – India FA: 8 Oct 2003Goods: 13 Aug 2009

ASEAN - China Goods: 20 July 2005Services: 14 Jan 2007Investment: 15 Aug 2009

BIMSTEC FA: 8 Feb 2004 EAFTA Joint Study

CEPEA Joint Study CEPEA Joint Study

BIMSTEC: Bay of Bengal Initiative for Multi-Sectoral Technical and Economic CooperationEAFTA: East Asia Free Trade AgreementCEPEA: Comprehensive Economic Partnership in East Asia 8

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Thank you

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