Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>   Trade  >>   Thailand to start Trans-Pacific Partnership talks
NEWS UPDATES Asean Affairs    20 November 2012 

Thailand to start Trans-Pacific Partnership talks


Thailand said it would begin talks to join a US-backed free trade agreement yesterday, as United States President Barack Obama arrived in Bangkok as part of his four-day swing through Southeast Asia.

The Trans-Pacific Partnership (TPP) is a key focus of the Obama administration as it extends its economic reach in Asia.

"The US is and always will be a Pacific nation," stressed Obama at a news conference with Thailand's Prime Minister Yingluck Shinawatra.

Obama, re-elected barely two weeks ago, said he began his visit with Thailand because it is the US' "oldest friend in Asia".

Yesterday afternoon, he met King Bhumibol Adulyadej. The King, 84, who was born in Massachusetts while his father studied at Harvard University, has lived in a Bangkok hospital since 2009 undergoing treatment for illnesses.

Obama also toured the two-century-old Wat Pho royal monastery, where he reportedly joked to a monk: "We're working on this budget. We're going to need a lot of prayer for that," in reference to the wrangles over spending cuts and tax increases back home.

Yesterday, Thailand also signed a security initiative mooted by the United States in 2003 to curb the spread of weapons of mass destruction.

This comes less than a week after US Defence Secretary Leon Panetta inked a defence pact with his Thai counterpart to revive their Cold War-era alliance. There are, however, no plans to station American troops in Thailand or expand their regular joint military exercises.

Obama was joined in Bangkok by US Secretary of State Hillary Clinton, who on Saturday told an audience in Singapore that the US was keen to open markets, expand trade and boost exports.

America's renewed interest in Asia is seen as a bid to counter the might of China, which in recent years has increasingly flexed its economic and diplomatic muscle, notably in its territorial disputes in the South China Sea.

Bangkok currently does not have a free trade agreement with Washington, although the US is one of Thailand's biggest trading partners, with bilateral trade amounting to more than US$35 billion last year.

Regional countries such as Singapore, Vietnam, Malaysia and Brunei have already come on board the TPP, but Thailand has so far held out. According to economist Aekapol Chongvilaivan from Singapore's Institute of Southeast Asian Studies, several of Thailand's sectors like electronics, automotive, and construction are not "competitive enough to survive a huge influx of foreign competition".

Thailand's membership of the TPP still needs to be approved by its Parliament.

Obama heads to Myanmar today to meet President Thein Sein as well as opposition leader Aung San Suu Kyi, before attending the East Asia Summit in Cambodia on Tuesday.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    20 November 2012   Subsribe Now !
• US President Obama starts his Asia trip in Bangkok   Subcribe: Asean Affairs Global Magazine
• 21st Asean Summit, Sec Gen Asean says : ‘Territorial disputes with China should unite Asean’ Asean Affairs Premium
• China’s PM: 'Wisdom' will help solve sea disputes’ ‘positive’
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Obama set to dive into South China Sea turmoil
• Obama : Request Trans-Pacific Partnership meet with Asean leaders  
• India’s PM: “Asean-India connectivity on track”
• Asean Sec Gen: ‘Obama strongly supports positive solution Sea disputes’  
• Asean Single Market pushed back 12 months    
• Asean leaders adopt human rights declaration at 21st Asean Summit  
• China, Indonesia agree to strengthen strategic ties  
• Thailand to start Trans-Pacific Partnership talks  
• Thailand’s growth slows, exports hurt  
Asean Analysis              20 November 2012
Advertise Your Brand
• Asean Analysis- November 20, 2012  
• Asean Weekly-  November 9, 2012 Sponsor Our Events

Asean Stock Watch     20 November 2012 

• Asean Stock Watch- November 20, 2012

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand