European Union aims to resume free trade talks with Thailand

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European Union aims to resume free trade talks with Thailand
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The European Union aims to resume negotiations with Thailand on a free trade agr...

FILE PHOTO: Window cleaners work on the facade of a building of the European Union Council in Brussels, Belgium, January 6, 2016. REUTERS/Francois Lenoir

Thailand held general elections in March and a pro-army coalition of parties has formed a government, officially ending five years of military rule. Part of this effort includes preparations to sign a Partnership and Co-operation Agreement , which was aimed at closer economic and political ties with Thailand, and resuming trade negotiations with Southeast Asia second-largest economy.

Trade between the EU and Thailand is valued at about 38 billion euros in 2018, according to the European Commission.

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