Excluded
Businesses: The
following business activities are excluded from protection under
the Amity Treaty. In other words, the following businesses are restricted
to Thai nationals and Americans are prohibited from owning or
operating these businesses in the same manner that other non-Thai
nationals are excluded from these businesses, notwithstanding
the Amity Treaty.
| |
communications
|
| |
transportation
|
| |
fiduciary functions (the Thai text of the treaty translates
"fiduciary functions" as "taking care of
the property of others" and therefore sees businesses
such as warehousing and guard services to be included
in this category and are not granted protection with regards
to this treaty). |
| |
banking involving depository functions (interpreted to
include the finance business) |
| |
exploiting
natural resources or land |
| |
domestic
trading in indigenous agricultural products |
| |
the liberal professions |
Entitled
Persons: The equal national treatment benefits under
the Amity Treaty may be claimed by
| |
American
citizens |
| |
Business
entities established under Thai law which are majority
American owned; or |
| |
Business entities established under American law (the
laws of a state, territory or district) which are majority
American owned and managed. |
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