Thailand and the European Union
This article provides an overview of relations between the two countries in scope like areas such as political, economic and commerce relations, monetary collaboration and humanitarian help.
The two countries have arranged a Partnership Collaboration Accord. The Partnership Collaboration Accord could supply a complete system that would greatly go up collaboration between both.
Nevertheless, the European Union will not approve the Partnership Collaboration Accord with Thailand until the government is democratically elected. This signify that an ancient accord, approved in 1980, not stop to be the system for relations between the two countries.
In May two thousand and fourteen, the army grab authority Thailand. The European Union called on military leaders to health the country’s Constitution and democratic methods.
In March 2013, the European Union and Thailand introduce Free Trade Agreement negotiations. Both parties desire a complete accord including topics such as:
- Commercial rates and non-rates measures,
- Public markets,
- Mental property,
- Regulation stakes and,
- Sustainable development.
4 cycles of negotiations have been held until now, the latest being in April two thousand and fourteen. No farther rounds of Free Trade Agreement have been planned since then due to the military takeover in Thailand.
Commerce between the two countries was from 32.9 billion euros in two thousand and fifteen (about 1.3 trillion baths).
The European Union is Thailand’s third biggest exportation market. In two thousand and fifteen, Thailand’s exports to the European Union amounted to about 19.6 billion euros (about 764 billion baths).
The European Union is the fourth biggest importer in Thailand. In 2015, total European Union imports to Thailand was from around € 13.4 billion (about 523 billion baths).
Numbers for 2015 make visible that Thailand’s top three importations to the European Union were:
- Machinery and transport furnishings (forty-nine-point one percent of total importations)
- Diverse manufactured items (eighteen-point five percent) and,
- Nourishment and live creatures (eleven-point four percent).
The top three of European Union’s exportations to Thailand were:
- Machinery and transport furnishings (forty-five-point one percent),
- Chemicals and connected items (seventeen percent) and,
- Manufactured goods (fourteen-point nine percent).
Technical and monetary collaboration
Cooperation between the European Union and Thailand began in the 1970s with a solid effort to help Thailand to ameliorate its agricultural area. Over the years, collaboration has moved towards wider economic aid, in line with Thailand’s rapid growth.
Today’s cooperation strategy revolves around providing technical help to assist the state accomplish its development objectives – in addition to serve its reciprocal concerns.
The European Union Delegation in Thailand is therefore overseeing a portfolio of collaboration plans in the state including interrogations like:
- The natural world
- Higher education, and
- Technical knowledge and economic development.
Civil community commitment
Collaboration with civil community is a consequential part of European Union-Thailand relations. NGOs, media, academics and basic organisations are referred on the way forward for relations between the two countries.
The delegation refers civil community organisations in the planning of guidance documents and before launching collaboration plans. These organisations are invited to help to the planning of general rules for appeals for development plans too.
The delegation advertises the engagement of civil society through the mechanism for supporting the political dialogue between Thailand and the European Union too. The Facility possesses finances of € 3.75 million for 2015-2017 in addition to funding current plans.
The European Union has an agency in Bangkok, which back every one of its humanitarian plans in East and South-East Asia, also in the Pacific area.
European Union humanitarian procedures started in 1995 and have since answered to many natural and human origin crisis. The financing of these activities amounted to nearly 121 million euros.
Most of this help has been channelled to aid Burmese refugees who live in camps following the length of Thai frontier. The European Union has supplied an assistance to theses persons for more than twenty years by the provision of nourishment help, health service and guarding assistances.
In reply to an intense rise in the number of asylum seekers coming in Thailand in recent years, additional funds were assigned in two thousand and sixteen to help the United Nations Refugee Agency (UNHCR).
An amount of € 925,000 has been supplied to address the humanitarian requires of Rohingya refugees and Bangladeshi migrants who have been to Thailand since 2013 too.
In addition, the European Union has supplied emergency aid in the event of natural catastrophes, for example following the 2004 Indian Ocean tsunami and the 2011 floods.