Southeast Asia: actual problems of development

[Yugo-Vostochnaya Azia: aktualnye problemy razvitiya] ISSN 2072-8271

Articles

Srisanit Witchanee

Regional Comprehensive Economic Partnership: Opportunities and Challenges for Thailand

ЮГО-ВОСТОЧНАЯ АЗИЯ: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ, 2020, №4(49), 132-144

Рубрика: АКТУАЛЬНЫЕ ПРОБЛЕМЫ РАЗВИТИЯ ОТДЕЛЬНЫХ СТРАН

 
Annotation: Multilateral economic cooperation in the framework of RCEP is one of Thailand's main goals for its integration into the global economy. Due to its geographical location in the center of Southeast Asia, which maintains its leading role in the region, especially in economic aspects, Thailand will be able to make use of its Eastern Economic Corridor (EEC) project to expand international trade with various partners in larger markets and attract foreign investment to the country through the Master Plan on ASEAN Connectivity (MPAC 2025), and the China’s Belt and Road Initiative (BRI) Within the framework of the cooperation, Thailand, however, will face not only numerous opportunities, but also challenges.

Keywords: Thailand, Regional Comprehensive Economic Partnership, free trade zone, protectionism, trade war, opportunities and challenges

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