ITD sees promise in region, South Asia

Institute seeks to promote trade

- BOONSONG LIPIMAS

Global trade in 2026 is expected to grow more complex, driven by geopolitical tensions, protectionist policies, stricter environmental rules and shifting supply chains. Yet opportunities in neighbouring countries and South Asia persist in a divided world, according to the International Institute for Trade and Development (ITD).

Suphakit Chareonkul, executive director of ITD, said the challenges facing Thai businesses extend far beyond tariffs. New trade rules related to sustainability, such as the EU's Carbon Border Adjustment Mechanism (CBAM), as well as digitalisation and artificial intelligence, are reshaping global trade.

Despite these challenges, Mr Suphakit pointed to positive factors underpinning Thailand's resilience.

"Thailand has a robust agricultural supply base in an unstable world.

Investors see our stability and safety, but we must find ways to integrate ourselves into global supply chains," he said.