Joint Statement on a Framework for a United States-Thailand Agreement on Reciprocal Trade
Impact Score: 3
Timeline: In the coming weeks: negotiations, finalization, preparation for signature, and completion of domestic procedures before entry into force
Summary: The U.S. and Thailand are advancing a reciprocal trade agreement to enhance economic relations by adjusting tariffs, reforming non-tariff barriers, and strengthening labor, environmental, intellectual property, and digital trade commitments. The agreement addresses state-owned enterprises, supply chain resilience, and national security. Commercial deals include $2.6 billion in agriculture, $5.4 billion in energy, and $18.8 billion in aircraft procurements. This framework offers Vanderbilt University research, collaboration, and funding opportunities across law, management, engineering, environmental science, and technology sectors.
Key Actions: Vanderbilt should explore academic and research collaborations with Thai institutions, assess intellectual property opportunities, engage in supply chain and energy sector projects, and adapt educational offerings in response to digital trade developments.
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