EU, Thailand Open Talks On Free Trade Agreement

Law360, New York (March 7, 2013, 12:49 PM EST) -- The European Union said Wednesday it had launched negotiations for a free trade agreement with Thailand, as the bloc continues to seek out individual trade pacts with members of the Association of Southeast Asian Nations after a broader deal faltered.

EU president Jose Manuel Barroso and Thai prime minister Yingluck Shinawatra formally began talks that the 27-nation bloc said would remove tariffs and nontariff trade barriers to boost the $32 billion annual EU-Thai trade and $14 billion in European foreign investment.

“The FTA with Thailand should...
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