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Thailand’s Perspectives on the IPEF

This chapter investigates Thailand’s perspective on the Indo-Pacific Economic Framework for Prosperity (IPEF). It introduces different views on the Framework from the Thai government, businesses, and civil society. The negotiation challenges facing the country and some anticipated outcomes of each Pillar are highlighted.

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Thailand will likely find it difficult to partake in the IPEF in the areas of digital economy, labour standards, environmental cooperation and anti-bribery practices. Yet, some difficulties can be ameliorated by the other IPEF members’ capacity building programmes. The domestic political factors stemming from the General Election (GE) in May 2023 and how they will shape the country’s implementation of the IPEF are also examined. This chapter ends with the discussion of the prospects of engaging Europe from Thailand’s viewpoint. The analysis finds that the state prefers to advance its economic ties with Europe via regular Free Trade Agreements (FTAs) rather than the IPEF.

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Contact Person

Cristita Marie Perez

Cristita Marie Perez KAS

Senior Programme Manager, Regional Economic Programme Asia (SOPAS)

cristita.perez@kas.de +81 3 6426 5041

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