A Thai delegation, led by Prime Minister Paetongtarn Shinawatra, engaged with major UK private sector representatives in London to boost trade and investment. Discussions focused on enhancing Thai agricultural and food exports, attracting Thai investment to the UK, and laying the groundwork for a future Free Trade Agreement.
Key Takeways
Key companies like Selfridges and CP Intertrade participated. Talks centered on improving access for Thai products, lowering trade barriers, particularly for processed chicken, and facilitating entry for Thai professionals.
The Prime Minister tasked Thai agencies with fostering trade and investment growth with the UK, aiming for broader EU expansion. In 2024, the UK ranked as Thailand’s fourth-largest European trading partner, with bilateral trade reaching $6.66 billion. Thai exports, including processed chicken and machinery, totaled $4.19 billion, while imports from the UK were $2.46 billion. This initiative aims to establish Thailand as a premium partner in the UK’s post-Brexit market.
