Thailand and Switzerland Agree to Speed Up EFTA Deal, Discuss US$120m Carbon Credits
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.
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.
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.
The carbon-credit purchase by the KliK Foundation still requires approval from both governments.
15 October 2026
Anutin and Parmelin held talks in Bangkok during the Swiss president's official visit.
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