The Japan-Thailand economic partnership agreement: Utilization and implementation issues from the perspective of Thailand
Author: Somkiat Tangkitvanich, TDRI
The Japan-Thailand Economic Partnership Agreement (JTEPA) became effective in November 2007. Another treaty signed between both parties, and ASEAN members, resulted in the ASEAN-Japan Comprehensive Economic Partnership (AJCEP). Most of the benefits from these treaties are expected to arise from two components: preferential tariff reductions and cooperation programs.
What are the benefits of both Free Trade Agreements (FTAs) from the perspective of Thailand? What are the obstacles preventing them from being fully utilised? This short blog looks at these questions, and then makes some policy recommendations aimed at improving implementation of these FTAs.