The Prime Minister is committed to enhancing international trade.

House of Representatives, The Prime Minister is committed to raising the level of international trade, confident in the ASEAN-Australia-New Zealand FTA. The upgraded version will strengthen the full use of trade between member countries. Mr. Chai Watcharong, spokesman for the Prime Minister's Office, revealed that Mr. Settha Thavisin, Prime Minister, continues to promote trade and investment with many countries. Seek opportunities and trade partners, both old and new. Ready to focus on upgrading the ASEAN-Australia-New Zealand free trade agreement (ASEAN-Australia-New Zealand Free Trade Agreement: AANZFTA) to be more consistent with the current situation. Facilitate trade and various tax formalities and promote new forms of economic cooperation. Ready to support the enforcement of the ASEAN-Australia-New Zealand FTA agreement. Additional editions within 2024 to strengthen the benefits of international trade and the Thai economy. A spokesman for the Prime Minister's Office said that between 26-31 May 2024, the Ministry of Commerce Department of International Trade Negotiations Attended the 21st meeting of the ASEAN-Australia-New Zealand Free Trade Agreement Joint Commission and related meetings in Auckland, New Zealand. As a result of this negotiation, action has been expedited in many areas, including accelerating the transfer of the product tax reduction schedule to be more current. Development of investment regulations Preparation of a full-scale practical manual for certification of origin (Rules of Origin). Supporting activities to develop the potential of ASEAN member countries in fulfilling their obligations. Cooperation to develop the potential of MSMEs and promote the role of women in the business sector In addition, there has been progress in the work of various committees, including emphasizing negotiations on enforcing additional FTAs ??by 2024 according to the goals agreed upon by members. Support the expansion of supply chains in the region and facilitation of increased trade and investment betwee n member countries. Information from the Department of International Trade Negotiations indicates that Australia and New Zealand They are Thailand's important trading partners, ranking 7th and 31st respectively. During the month January-April 2024Trade between Thailand and Australia and New Zealand is valued at 7,105.35 million US dollars. An increase of 0.74 percent from the same period of the previous year. Thailand exported goods to Australia worth 4,174.34 million US dollars. Increased by 22.59 percent. Important export products include automobiles, equipment and components. Air conditioners and components computer equipment and components. In addition, Thailand exported goods to New Zealand valued at US$529.73 million. increased by 17.55 percent, with important export products including automobiles, equipment and components Air conditioners and components and sugar From this negotiation, it is expected that it will help increase the value of trade between member countries according to the FTA agreement that has been pushed according to the set goals. 'The Prime Minister aims to strengthen alliances with other countries and maintain existing markets. and is ready to open for new markets. The Prime Minister sees FTA as an important agenda that will help increase the volume of international trade and investment. The Prime Minister has continued to work to expedite the negotiation process in order to gain access to more trade and investment opportunities. The Prime Minister is confident that the government's work strategy will develop Thai trade. and increase mutual benefits in the region,' Mr. Chai said. Source: Thai News Agency