Thailand-Japan FTApassara 5004640719suchaya 5004641014

Japan-Thailand Economic Partnership Agreement

An agreement between Thailand and Japan on FTA is called Japan – Thailand Economic Partnership Agreement or JTEPA

When it began??

Negotiation date : 19 May 2005 Beginning date : 01 Nov 2007

Objective of JTEPA

To liberalize and facilitate trade in goods andservices between the Parties To realize and promote paperless trading

between the parties facilitate the mutual recognition of the results of conformity assessment procedures for

products or processes encourage and promote investment and

ensure protection for investments and investment activities in the Parties; facilitate the movement of natural persons

• ensure and enhance adequate, effective and nondiscriminatory protection of intellectualproperty to promote trade and investment between the Parties• enhance cooperation for mutual benefit of the Parties in the field of government procurement;• promote fair and free competition by proscribing anti-competitive activities and cooperate in thefield thereof• establish a framework for further bilateral Cooperation•promote transparency in the implementation of laws and regulations respecting matters coveredby this Agreement.

Thailand’s total trade with Japan

Thailand’s trade decompose into export and import

Total trade = export+import Thailand-Japan trade: Total (US$m) = 20743.62 Export (US$m) = 8471.08 Import (US$m) =

12272.54• Current trade balance(2009 Jan - July) : 8471.08 US$m – 12272.54 US$m = -

3801.46 US$m

Thailand has a trade deficit in year 2009 between Thailand and Japan because we imported 3801.46 US$m more than we exported

Japan’s export destination

Japan’s import destination

Market Share

For Japan, Thailand gain the market share only 2.73% in its but for Thailand Japan gain about 18.70% compare to the size of share among other countries. This mean that Japan have much impact on trade balance of Thailand.