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Trade

Thailand, EU agree to restart trade talks halted by 2014 coup

Bangkok aims for tech transfers and boosting exports in critical industries

The port of Bangkok. Thailand aims to eliminate tariffs on exports to the European Union's 27 countries through resumption of trade talks.   © Reuters

TOKYO -- Thailand and the European Union have agreed to restart negotiations on a bilateral trade agreement, aiming to finish by 2025 a deal that was stalled for nearly a decade by the 2014 military coup in the kingdom.

Senior officials will begin talks in July in Thailand. Negotiations will cover trade in goods and services as well as investment in key Thai industries where the EU is keen to increase its share, such as renewable energy, electric vehicles and chipmaking.

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