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»»Thailand to Sign Trade Deal With Japan

Thailand’s cabinet has given its nod for a free trade pact with Japan which large Thai industries expect will help boost exports by 30 percent. […]

The spokesman also rejected rumors that the agreement is a trade off for easier access to Japanese government loans for three planned sky train extensions in Bangkok’s urban areas, the report said.

[…] Thai industries officials said benefits from the agreement will include an anticipated 20 percent increase in exports of frozen seafood, while shoe exporters, who are yet to gain a foothold in the Japanese market, will benefit from import duty cuts of 20 percent annually for five years after which there will be no duty.
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