2025-01-10
Thailand is strengthening its trade policy and economic strategy for 2025, focusing on new free trade agreements (FTAs), increased exports and global food security . The Ministry of Commerce has unveiled ten key initiatives to improve Thailand's global competitiveness and attract foreign investment.
Focus on new trade agreements
The Thai government is finalizing a free trade agreement (FTA) with the United Arab Emirates (UAE) , which aims to boost investment in key sectors such as data centers and food safety . Preparations are also underway for an FTA with the European Free Trade Association (EFTA) , which is expected to be signed at the World Economic Forum in Davos.
Increased exports and food security
Thailand is taking steps to position itself as a reliable global food supplier by improving storage and logistics. A key part of this effort is liberalizing the rice export sector , reducing inventory levels and eliminating fees for small exporters to boost competitiveness. An official announcement on these reforms is expected on January 17.
Another major investment is Thailand's cassava exports to China . The government has secured agreements to export an additional 300000 tons of cassava chips , strengthening Thailand's position as a leading supplier in the global market.
Thai food culture on the global stage
The Thai Select certification program is set to expand to further promote Thai food worldwide. This initiative helps Thai restaurants abroad gain greater credibility and ensures that high-quality ingredients and authentic flavors reach international consumers.
Measures against illegal imports and fair competition
To protect local businesses and consumers, the Ministry of Commerce is taking action against illegal foreign operations and low-quality imported goods . The government is also implementing support for new small and medium-sized enterprises (SMEs) and strengthening Thailand's brand internationally.
Digital transformation and modernization of trade
A new mobile app for the Ministry of Commerce is under development to improve public access to trade-related services, reflecting Thailand's shift to digital governance and trade optimization.
Conclusion
With these strategic investments, Thailand aims to consolidate its role as a global trade hub while supporting local businesses and strengthening economic stability. As trade agreements develop and exports increase, 2025 could be a pivotal year for Thailand's economic growth.
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Source: Thailand's Ministry of Commerce
Text: Editorial team
Image license: bellergy, Pixabay , Original image
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