The European Union (EU) and Thailand have inked a deal to boost their social, economic, and security ties.
On Wednesday (Dec 14), delegates from Thailand and the European Union signed the Partnership and Cooperation Agreement (PCA). Gen. Prayut Chan-o-cha and Foreign Minister Don Pramudwinai represented Thailand, while EU Vice President and High Representative Josep Borrell and Czech Prime Minister Petr Fiala spoke on the bloc’s behalf.
The parties to this agreement hope that it would improve political communication and open up new avenues for collaboration in sectors like as transportation, the environment, commerce, education, anti-corruption, and counter-terrorism. Both the universal healthcare program and discussions for a Free Trade Area (FTA) agreement between Thailand and the EU will benefit from the pact’s knowledge-sharing platform.
Borrell said that the significance and potential of their bilateral ties are reflected in the signature of the PCA. He highlighted that the two countries will work together to advance regional prosperity and stability and uphold the international order based on norms.
After the PCA has been ratified by both Thailand and the EU, it will enter into force. After the procedures described in the Thai-EU agreement are completed by both sides, a provisional application is expected.