The EABC Food, Agriculture and Beverage (FAB) Working Group comprises of European businesses in Thailand that operate in the areas of food, agriculture, and beverage industries. The resumption of EU-Thailand Free Trade Agreement (FTA) negotiations will accelerate an improvement in business climate and enhancement of trade and investment opportunities between both economic zones. In 2022, agri-food trade is accounted for 8%-9% of the total value of trade between European Union (EU) and Thailand, amounted USD41 billion. 

Objectives of the Food, Agriculture, and Beverages Working Group

The FAB Working Group (WG)’ core objectives are to pursue effective policy advocacy and partner with government and non-government stakeholders aimed at enhancements of trade and investment opportunities, level playing field as well as ease of doing business. The WG aim to be a thought leader and initiator of breakthrough and value-added solutions to matters in relation to Food, Beverages and Agriculture, a creator of consensus in the European business community and wider.   

Some key policies that the WG focus on are as following:  

  • Enhance ease of doing business and regulatory reform (Regulatory Guillotine)  
  • Support EU-Thailand Free Trade negotiations to minimize tax burdens and market access  
  • Pursue fair and transparent taxation policy – excise tax and earmarked tax  
  • Grow e-commerce for food and beverages including beverage alcohol products  
  • Promote ESG among the member companies supporting the government’s national agenda 
  • Drive a balanced policy that enables ‘win-win’ solutions for public heath goal and economic goals 
  • Enhance food security and agri-trade according to the international market requirements 
  • Improve agricultural productivity, quality and food safety along the productions of agricultural value chains through facilitation of access to innovation and technology 
  • Support agriculture sustainability trends, which include a focus on transparency, circular economies, and reducing greenhouse gas emissions. 

Information about Working Group Chair

Ms. Khemika Ratanakul has worked in public affairs, as a policy specialist, in addition to working in the FMCG industry for more than two decades. She has always been actively participating in both the EABC IPR Working Group and the EABC Food, Agriculture, Beverages Working Group. Currently, she is the Public Affairs Manager at Diageo Moet Hennessy (Thailand) Ltd. Most recently she was elected the President of Thai Alcohol Beverage Business Association (TABBA).

Attachments

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