US and Thailand hold Trade and Investment Framework Agreement Joint Council Meeting

The United States and Thailand met yesterday under the U.S.-Thailand Trade and Investment Framework Agreement (TIFA).

The two sides welcomed the resumption of the TIFA Joint Council Meeting following the COVID-19 pandemic and reaffirmed the importance of working together to strengthen the bilateral economic relationship. The United States and Thailand highlighted cooperation through multilateral engagements including the Indo-Pacific Economic Framework for Prosperity (IPEF) and the Asia-Pacific Economic Cooperation (APEC) forum.

Deputy U.S. Trade Representative Sarah Bianchi and Thailand’s Ambassador to the United States Tanee Sangrat participated in the opening discussion. USTR’s Director for Southeast Asia and the Pacific Wallis Yu and Thailand’s Ministry of Commerce Deputy Director General Rachvitch Piyapramote co-chaired the meeting. U.S. and Thai officials discussed and agreed to continue dialogue on the full range of bilateral economic issues including agriculture, labor, intellectual property, digital trade, investment, customs cooperation, and the Generalized System of Preferences program.