2 Japan-Thailand Economic Partnership Agreement An agreement between Thailand and Japan on FTA is called Japan – Thailand Economic Partnership Agreement or JTEPA
3 When it began?? Negotiation date : 19 May 2005 Beginning date : 01 Nov 2007
4 Objective of JTEPA To liberalize and facilitate trade in goods and services between the PartiesTo realize and promote paperless trading between the partiesfacilitate the mutual recognition of the resultsof conformity assessment procedures for products or processesencourage and promote investment and ensureprotection for investments and investmentactivities in the Parties;facilitate the movement of natural persons
5 ensure and enhance adequate, effective and nondiscriminatory protection of intellectual property to promote trade and investment between the Partiesenhance 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 thereofestablish a framework for further bilateral Cooperationpromote transparency in the implementation of laws and regulations respecting matters coveredby this Agreement.
6 Thailand’s total trade with Japan Thailand’s trade decompose into export and importTotal trade = export+importThailand-Japan trade:Total (US$m) =Export (US$m) =Import (US$m) =Current trade balance(2009 Jan - July) :US$m – US$m = US$m
7 Thailand has a trade deficit in year 2009 between Thailand and Japan because we imported US$m more than we exported
12 Market ShareFor 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.