Australia interested in investment in Thailand’s Eastern Economic Corridor

[misskit]

Australia is interested in investing in infrastructure development projects, water resources in particular, in Thailand’s Eastern Economic Corridor (EEC), according to Thailand’s trade representative Nalinee Taveesin.


Australia is Thailand’s 8th largest trading partner, with bilateral trade last year estimated at about US$18.38 billion, with a tendency to increase in line with Australia’s economic strategy in Southeast Asia over the next decade and longer, as announced by the Australian prime minister in September, with the government having initially set aside US$95.4 million across four years to fund the strategy.


Nalinee, who recently had a meeting with Australian Ambassador Angelina McDonald, said that Australia has expertise and capacity in agricultural and digital technologies and renewable energy.


Thailand and Australia have signed three bilateral and regional trade agreements, namely the Thailand-Australia free trade agreement (TAFTA), the ASEAN-Australia-New Zealand free trade agreement (AANZFTA) and the Regional Comprehensive Economic Partnership (RCEP).


TAFTA was signed and became effective in 2005 and is due to expire in the next two years.


Nalinee said that both Thailand and Australia have agreed to hold events to encourage businesses to make use of the TAFTA, to promote trade between the two countries, with Thailand to host a meeting of the committee on market access.

Australia interested in investment in Thailand's Eastern Economic Corridor | Thai PBS World : The latest Thai news in English, News Headlines, World News and News Broadcasts in both Thai and English. We bring Thailand to the world

[BLD]

There probably not interested in any mining since the thais misappropriation of the chatree copper and gold mine. Kings gate are still in the process of trying to sue the Thai govt. They mistakenly thought that a thai/ Australia had a free trade agreement would cut down on the bs and corruption..it didn't. But people have long memories. I'm sure sausages will find this to be the only post of mine that he agrees with but sausages experience in Thailand seems to consist if him getting pissed of with the " chicken heads " not dealing with large scale projects. Pretty sure sausages finds it challenging dealing with the local 7/11 and the boing boing noise the doors makes.. I'm sure there are some successful thai/ foreigner business getting done but there history of fucking everyone over would certainly make me nervous

[BLD]

I've just read on LinkedIn that kingsgate have re started mining at chatree. Perhaps they successfully sued the Thai govt for misappropriation and flouting the Thai/ Australia freetrade agreement? Who knows the article didn't delve into that. Probably trying to save the shifty fookers some face