Oramon Supthaweetham, director-general of the Trade Negotiation Department, said the roadmap for Timor-Leste to receive full membership was endorsed during the 42nd Asean Leaders Summit in Labuan Bajo, East Nusa Tenggara, Indonesia, on June 10.
The 66 agreements that Timor-Leste must first sign include Asean Trade in Goods Agreement, Asean Trade in Services Agreement, and Asean Comprehensive Investment Agreement. With the new member, Asean's supply chain will expand and the size of its market size will rise to 673.8 million consumers. Thai businesses will have an opportunity to invest in growing the country’s growing tourism businesses, she added.
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