Govt sees GDP, investment boost if joins CPTPP trade pact
Thailand could expect a boost to its economic growth, investment and exports to help offset the negative impact of the new coronavirus pandemic if it participates in an Asia-Pacific trade agreement, the commerce ministry said on Monday.
The country has before said it aimed to seek membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as competition intensifies in electronics and agriculture from rivals such as Vietnam and Malaysia.