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Thailand-Japan FTA passara 5004640719 suchaya 5004641014. Japan-Thailand Economic Partnership Agreement. An agreement between Thailand and Japan on FTA is called Japan – Thailand Economic Partnership Agreement or JTEPA. When it began??. Negotiation date : 19 May 2005
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Japan-Thailand Economic Partnership Agreement • An agreement between Thailand and Japan on FTA is called Japan – Thailand Economic Partnership Agreement or JTEPA
When it began?? • Negotiation date : 19 May 2005 • Beginning date : 01 Nov 2007
Objective of JTEPA • To liberalize and facilitate trade in goods and services between the Parties • To realize and promote paperless trading between the parties • facilitate the mutual recognition of the results of conformity assessment procedures for products or processes • encourage and promote investment and ensure protection for investments and investment activities in the Parties; • facilitate the movement of natural persons
ensure and enhance adequate, effective and nondiscriminatory protection of intellectual • property to promote trade and investment between the Parties • enhance cooperation for mutual benefit of the Parties in the field of government procurement; • promote fair and free competition by proscribing anti-competitive activities and cooperate in the • field thereof • establish a framework for further bilateral Cooperation • promote transparency in the implementation of laws and regulations respecting matters covered • by this Agreement.
Thailand’s total trade with Japan • Thailand’s trade decompose into export and import • Total trade = export+import • Thailand-Japan trade: Total (US$m) = 20743.62 Export (US$m) = 8471.08 Import (US$m) = 12272.54 • Current trade balance(2009 Jan - July) : 8471.08 US$m – 12272.54 US$m = -3801.46 US$m
Thailand has a trade deficit in year 2009 between Thailand and Japan because we imported 3801.46 US$m more than we exported
Market Share For Japan, Thailand gain the market share only 2.73% in its but for Thailand Japan gain about 18.70% compare to the size of share among other countries. This mean that Japan have much impact on trade balance of Thailand.