Speaking at a business forum in Japan, the deputy prime minister confirmed the support of Prime Minister Prayut Chan-o-cha for the deal, noting that a committee headed by the country's commerce minister has been set up to assess Thailand's readiness for joining the Pacific bloc, which will include analyzing other countries' experience in the TPP once it comes into force, the Bangkok newspaper reported.
"Thailand cannot afford to be complacent. We can take lessons from other member countries. At this point, we are ready to join the TPP. It depends on when they will accept us. Thailand is also ready to join the TPP. It depends on when they will accept us," Jatusripitak said, as quoted in the publication.
Public consultations will also take place and last for a year, according to the official.
The deal has yet to be ratified by the signatory countries.
The parties to the TPP agreement are the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Interest in the agreement has been expressed by Colombia, the Philippines, Taiwan, South Korea and Indonesia, as well as Thailand.
The details of the controversial free trade agreement, which were negotiated amid unusual secrecy, were revealed to the public after almost seven years of discussions. Opponents say the pact would undermine standards and regulations on environmental protection, health and safety, as well as workers’ rights.