U.S.-Thailand Treaty of Amity

The Treaty of Amity and Economic Relations, which allows U.S and Thai companies economic access to each other's markets, has facilitated strong economic ties between the United States and Thailand. The treaty exempts U.S. businesses from most of the restrictions on foreign investment imposed by the Alien Business Law, which regulates the scope of foreign participation in Thai business activities. It also allows American companies to maintain a majority shareholding or to wholly own its own branch or representative office located in Thailand. Individuals or companies wishing to invoke the treaty must apply to the other country's government and prove their nationality.