Thailand and the UK’s Enhanced Trade Partnership: An Overview

  • Agreement covers 20 sectors, including healthcare, clean energy, and digital technology, to boost trade and collaboration.
  • Thailand’s exports to the UK totaled $4.01 billion (2022), and UK’s exports to Thailand were $1.96 billion (2023).
  • Key sectors include automotive (EVs, decarbonization), digital economy (fintech, cybersecurity), healthcare, and agriculture.
  • Promotes low-carbon economies, green finance, and sustainable supply chains.
  • Addresses export compliance costs and strengthens intellectual property enforcement.
  • Aligns with Thailand 4.0 initiative for technology and sustainability.
  • Plans for an EU free trade agreement by 2025 to diversify export markets.