Thai government must sell valuable trade deal to skeptical public

CPTPP will broadly benefit Thailand's economy if Prayuth can placate resistance

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20200622 Chao Phraya River downtown Bangkok.jpg

Chao Phraya River in downtown Bangkok: Thailand is no longer the top foreign direct investment destination in Southeast Asia. © VWPics/AP

Pavida Pananond is Professor of International Business Strategy at Thammasat Business School, Thammasat University, Bangkok, Thailand.

As the U.S. and China engage in a trade conflict and COVID-19 sharply depresses economic growth, Thailand should be coveting a regional trade agreement like the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. It would be a reasonable lifeline to freer trade and investment for economic expansion.

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