Thai-Australia Continuing in every dimension – pushing trade and investment

Internal Affairs


Australia, “Seththa” discusses with the Australian Prime Minister to continue the strategic partnership. Promote trade and investment Exchange technology and innovation Request consideration for temporary employment of Thai farmers

Time: 11:50 a.m. (Melbourne local time) commonwealth of australia which is 4 hours faster than Thailand) at the Melbourne Convention and Exhibition Center (MCEC), Melbourne, Commonwealth of Australia, Mr. Settha Thavisin, Prime Minister and Minister of Finance Bilateral discussion with Mr. Anthony Albanese (The Honorable Anthony Albanese MP), Prime Minister of Australia. During his trip to attend the special ASEAN-Australia Summit to celebrate the 50th anniversary of relations.

The Prime Minister is pleased to meet the Prime Minister of Australia again. Since the 30th APEC Economic Leaders’ Meeting in 2023, it is also an opportunity to build on the visit of General David Hurley, Governor-General of Australia, to Thailand. In February 2024, too. Thailand is ready to continue coope
ration according to the joint action plan on strategic partnership between them. as well as areas in which both countries have common potential, such as promoting trade and investment travel and cooperation in technology and innovation, with the Prime Minister inviting the Australian Prime Minister to pay an official visit to Thailand later this year. which is believed to help strengthen bilateral cooperation even further

The Prime Minister of Australia is confident that the two countries have always been good friends. Thailand is an important strategic partner of Australia.

Prime Minister and Prime Minister of Australia They discussed many issues, including the economy, technology and innovation. Agree on promoting bilateral trade. Especially the preparation of the Thai-Australia Free Trade Agreement. (Thailand-Australia Free Trade Agreement: TAFTA), which has grown as much as 186 percent. The agreement will be updated to be more modern and consistent with the current context. The Prime Minister emphasized
that Thailand has the strength of being a center for food and product security. Medicine and health promotion (medical and wellness) including the Land Bridge project Important to link trade and logistics routes between East Asia and the Indian Ocean. while technology and innovation Thailand is interested in promoting investment and learning best practices from Australia in agriculture. Green energy, electric vehicles and smart industry

Automotive industry Thailand is considering the Australian government’s draft law setting standards for the efficiency of greenhouse gas emissions from automobiles (New Vehicle Efficiency Standard: NVES). Currently, Thailand exports more than 200,000 cars to Australia per year, with pickup trucks being the main export product. The Prime Minister has asked for the new standards to be gradually implemented. This gives manufacturers and exporters time to make the transition away from combustion vehicles consistent with their environmental commitments and shared economic benefits
.

The Prime Minister is ready to promote tourism by creating an MOU on tourism between them. It was suggested that direct flights between each other be promoted more. Including increasing the number of Thai-Australian Work and Holiday Visa quotas and being willing to promote the establishment of branches of Australian educational institutions in Thailand. Promote vocational education courses Emphasis is placed on personnel exchange and joint curriculum development. Including facilitating visas between each other to meet the needs of educational cooperation.

Both sides are willing to exchange military technology and develop military personnel among themselves. as well as being pleased with the cooperation under the project ASEAN-Australia Counter Trafficking (ASEAN-ACT) and the establishment of a center of excellence to combat human trafficking. The Prime Minister is ready to facilitate the movement of labor from both sides. including digital nomads from Australia to Thailand and labor shortages from Thailan
d to Australia At the same time, it was proposed that Australia consider the temporary employment of Thai farmers. Especially during the harvest season This may be initiated as a pilot project or in individual areas where there is a labor demand.

The Prime Minister said Australia can be a good example of being a development partner in the Mekong Subregion. and can cooperate with sub-regions on issues that both sides are interested in and that are consistent with the common context Thailand is ready to work closely in implementing the joint development plan between Australia and ACMECS to promote balanced and sustainable development in the sub-region.

Source: Thai News Agency