Thailand can use the Asia-Pacific Economic Cooperation (Apec) Summit and its side meeting, the Apec CEO Summit, to forge more cooperation under "mini-free trade agreements" (mini-FTAs) as part of efforts to brace for a global economic slowdown next year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
A mini-FTA can boost Thailand's trade and investment faster than a traditional FTA because it focuses on a trade agreement between two cities.
