Kasikornbank says Thailand-EU FTA is two-thirds done, decisive round on Sept 28 seen boosting exports and industrial estates

HoonVision·28 Sep 2026·

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Macro Industry Real Estate Management & Development

Summary · why it matters

Kasikornbank Securities said Thailand is accelerating negotiations on a Thailand-EU FTA, which is now more than two-thirds complete, with a decisive round of talks set for September 28. It is also reviving the Thailand-UAE CEPA after a hiatus of more than three years. Both agreements would help expand exports, attract FDI and diversify markets toward Europe and the Middle East, though conclusions are still needed on sensitive issues covering agriculture, medicine and regulations. The research team views this as a positive for sentiment toward food exporters, autos, electronics and industrial estates such as CPF, TU, DELTA, KCE, HANA, AMATA and WHA, but the impact on earnings will become clear only after negotiations conclude and the agreements take effect.

Amata Corporation Public Company Limited ▲

Charoen Pokphand Foods Public Company Limited ▲

Delta Electronics (Thailand) Public Company Limited ▲

Hana Microelectronics Public Company Limited ▲

KCE Electronics Public Company Limited ▲

Thai Union Group PCL ▲

Impact on assets 7

Consumer Staples▲ · 2 stocks

Charoen Pokphand Foods Public Company Limited

▲ PositiveTariffrelevance

Thailand-EU FTA would expand food exports, with CPF named as a beneficiary of the trade agreement.

Thai Union Group PCL

▲ PositiveTariffrelevance

Thailand-EU FTA and Thailand-UAE CEPA progress would expand export markets for food exporters like Thai Union.

Semiconductors▲ · 2 stocks

Hana Microelectronics Public Company Limited

▲ PositiveTariffrelevance

Thailand-EU FTA would expand electronics exports, with Hana named as a beneficiary of the trade agreement.

KCE Electronics Public Company Limited

▲ PositiveTariffrelevance

Thailand-EU FTA would expand electronics exports, with KCE named as a beneficiary of the trade agreement.

Climate Adaptation & Water▲ · 1 stocks

Amata Corporation Public Company Limited

▲ PositiveTariffrelevance

Thailand-EU FTA and UAE CEPA progress would attract FDI and boost industrial estate demand, with Amata named as a beneficiary.

Electrification & Mobility▲ · 1 stocks

Delta Electronics (Thailand) Public Company Limited

▲ PositiveTariffrelevance

Thailand-EU FTA would expand electronics exports, with Delta named as a beneficiary of the trade agreement.

Artificial Intelligence▲ · 1 stocks

WHA Corporation Public Company Limited

▲ PositiveTariffrelevance

Trade agreements expected to attract FDI and boost industrial estates, named as a beneficiary alongside AMATA.