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Thailand and Australia boost trade ties amid new vehicle standards

Thailand and Australia are enhancing their trade relations, particularly in the automotive sector, as they align with new vehicle emissions standards. The Thai government, led by Prime Minister Srettha Thavisin, is actively working to meet these standards, which are set to be implemented in Australia by 2025. This move is expected to boost the export of Thai-made vehicles to Australia, as Thai manufacturers are already adapting to similar standards in Europe. The collaboration was highlighted during a meeting between Thai and Australian officials, where they discussed not only automotive trade but also broader economic cooperation, including potential free trade agreements and investment opportunities. This partnership is seen as a strategic move to strengthen economic ties and promote sustainable development in both countries.

Read the Full The Thaiger Article at:
[ https://thethaiger.com/news/business/thailand-and-australia-boost-trade-ties-amid-new-vehicle-standards ]