Mr Peiro, left, shakes hands with Mr Tibordee during the ninth round of Thailand-EU FTA negotiations in Belgium.
Thailand and the European Union (EU) have concluded negotiations on the chapter covering trade and services of state enterprises for a proposed free trade agreement (FTA), says Tibordee Wattanakul, director-general of the State Enterprise Policy Office.He said the agreement was reached during the ninth round of FTA negotiations held in Brussels, Belgium on June 25.
The negotiations were co-chaired by Francisco Peiro of the European Commission's Directorate-General for Trade, who headed the EU delegation for the state-owned enterprise chapter.
Both sides resolved all outstanding issues, including reservations and exceptions.
The agreement requires state-owned enterprises engaged in commercial activities involving the purchase and sale of goods or the provision of services to operate on a non-discriminatory basis and in accordance with commercial considerations, similar to private-sector companies.
