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India and Thailand signed FTA on October 09, 2003 with four other accords for enhancing cooperation in agriculture, tourism and science.

Both the countries signed MoU on agricultural cooperation, MoU on tourism cooperation, agreement on visa exemption for diplomatic and official passport holders and programme of cooperation in biotechnology.

The agreements were signed in the presence of the then Prime Minister Atal Bihari Vajpayee and the Thai counterpart Thaksin Shinawatara, in Bangkok.

Apart from a list of products for tariff free entry, the agreement also contains a provision regarding emergency measures to protect domestic producers in case of sudden surges in imports.

Agricultural cooperations MoU provides joint activities between the two states, covering agricultural and forestry research, biotechnology soil and water conservation, watershed management, land use planning and horticulture.

The agreement will be valid for five years from the date of signing (as mentioned then).

The agreement on tourism kept in view to create conditions for long-term bilateral cooperation in this sector through reciprocal establishment of representative offices of the tourism department of the India as well as Thailand.

The fifth agreement upon biotechnology envisages the establishment of an India-Thailand biotechnology panel for formulation, approval, monitoring and review of action plans.