Language
Thailand’s Perspectives on the IPEF

22 Sep 2023

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. 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.

Author: Kaewkamol Pitakdumrongkit

Editors: Amitendu Palit, Ramita Iyer

Project Lead: Cristita Perez

Download PDF

Available languages:

English

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. 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.