A Thai delegation attended the Indo-Pacific Economic Framework Round of Negotiations

From July 8 to 15, 2023, Thailand’s Deputy Permanent Secretary for Foreign Affairs Phantipha Iamsudha Ekarohit and IPEF Thailand Senior Expert Ms. Chulamanee Chartsuwan, together with representatives of relevant Thai agencies, attended the Indo-Pacific Economic Framework Round of Negotiations (IPEF) in Busan, Republic of Korea.

The IPEF draft texts on Pillar I (Trade), Pillar III (Clean Economy) and Pillar IV (Fair Economy) were discussed at the meeting, and sessions were held for the legal refinement of the draft text of Pillar II (Supply Chain).

IPEF partners also exchanged views on ways forward in cooperation, including establishing mechanisms for training and technical assistance to deliver tangible results, as well as plans for the next IPEF Ministerial Meeting, scheduled for November 2023 in San Francisco.

Thailand participated in the virtual ministerial meeting of the Indo-Pacific Economic Framework (IPEF)

On this occasion, the Thai delegation reiterated the importance of cooperation in capacity building and technical cooperation, as well as current technological cooperation, particularly in relation to the clean economy pillar, such as electric vehicles, sustainable aviation fuel, circular economy and carbon market.

The Thai delegation also exchanged views with IPEF partners on establishing a mechanism to address IPEF’s structure and financial support and highlighted priority issues that will support the negotiation in the trade pillar.

the thai delegation reiterated the importance of cooperation in capacity building and technical cooperation as well as current technological cooperation

In addition, the Thai delegation reaffirmed its commitment to relevant international standards on anti-corruption and taxation, while taking into account the various national laws, regulations and capacities of IPEF Partners.

During the Round of Negotiations, the Thai chief negotiators also held bilateral meetings with their counterparts from IPEF partners, including the United States, Australia, India, Japan, the Republic of Korea, Singapore and other ASEAN partner countries.