Thailand-U.S. Economic Relations: An Overview

RS21478 -- Thailand-U.S. Economic Relations: An Overview

Updated January 23, 2006

Summary

Thailand is a key U.S. ally in the international war against terrorism and is an important U.S. economic partner in Southeast Asia. Thailand continues to rebuild its economy after the debilitating effects of the 1997-1998 Asian financial crisis. In October 2003, the United States and Thailand announced their intent to negotiate a free trade agreement (FTA). Six rounds of negotiations have been held A number of issues remain to be resolved. This report summarizes CRS Report RL32314, U.S.-Thailand Free Trade Agreement Negotiations, by Raymond J. Hearn and [author name scrubbed], and will be revised as events warrant.