html5-img
1 / 6

Elements of Investment Liberalization: Thailand’s Perspectives

Elements of Investment Liberalization: Thailand’s Perspectives. Dr. Vilawan Mangklatanakul 2 October 2007. Thailand’s FTA experiences. ASEAN as the first FTA separate investment agreements for liberalization and protection. Bilateral agreements containing investment chapters:

shakti
Download Presentation

Elements of Investment Liberalization: Thailand’s Perspectives

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Elements of Investment Liberalization:Thailand’s Perspectives Dr. Vilawan Mangklatanakul 2 October 2007

  2. Thailand’s FTA experiences • ASEAN as the first FTA • separate investment agreements for liberalization and protection. • Bilateral agreements containing investment chapters: • TAFTA, Thai-New Zealand, JTEPA • Ongoing negotiations: • Thai-India, Thai-EFTA, ASEAN-China, ASEAN-Korea, ASEAN-Australia-New Zealand, BIMSTEC

  3. Current Positions of Thailand • Covers 5 non-service sectors: manufacturing, fishery, agriculture, forestry, and mining and quarrying • Other mode 3 services to be covered in services chapter/agreement. • Positive list approach to liberalization

  4. Current Positions of Thailand (2) • The scope of ‘investment’ covers only FDI • Prohibit only TRIMS-based performance requirements

  5. Current Positions of Thailand (3) • Provide MFN for post-establishment stage only • Scope of dispute settlement mechanisms: • No prior consent • Excludes performance requirements, pre-establishment breaches

  6. Concluding Remarks • Dilemma: the need to attract FDI vs the need to protect domestic businesses • To strike the right balance is difficult. • No perfect model that is appropriate for all negotiating partners. • Should aim for a cautious and flexible approach which takes into account different levels of development

More Related