Thailand and Switzerland Agree to Speed Up EFTA Deal, Discuss US$120m Carbon Credits
· 50-word read
In 50 words
Prime Minister Anutin Charnvirakul and Swiss President Guy Parmelin agreed in Bangkok on 15 October to implement the Thailand-EFTA trade agreement as quickly as possible. Switzerland's KliK Foundation is expected to buy about US$120 million in carbon credits, subject to both governments' approval.
Why it matters
Switzerland was Thailand's largest European trading partner in 2025 and in the first nine months of 2026. The carbon-credit plan builds on the Bangkok e-bus programme, which has introduced more than 2,000 electric buses.
What's next
The carbon-credit purchase by the KliK Foundation still requires approval from both governments.
Key dates
- 15 October 2026Anutin and Parmelin held talks in Bangkok during the Swiss president's official visit.
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Sources
- ThaigerView original →
