The importance of the Australia and Thailand trade relationship
for Australian economy
Australia and Thailand trade is important to the Australian economic as
it provides us with the not as expensive cost for exporting and importing
products to and from Thailand. With the increase of Australia importing more
Thailand merchandise over the past 5 years with the free trade agreement in
place Australia is able to import products for a less expensive cost. The free
trade agreement with Thailand allows Australia economy to spend money on other
investments. The Australia economy mainly benefits from the TAFTA from more and
inexpensive access to Thailand services, protection investment and benefits
Australian investors in Thailand.
Through the Thailand Australian free trade agreement, 94 per cent
decrease of Thailand tax is contracted in the agreement. This allows Australian
companies to save money when exporting and importing products from Thailand. By
year 2015 to 2020 the TAFTA agreement is trying to put the exportation and
importation between Australia and Thailand to be zero for some manufacturing,
industrial products expect some products like milk and cream. This allows the
Australian economy to import Thailand product for zero tax rate. This increases
the Australian economy and help Australian companies to build a better and
stable company and relationship with Thailand companies.
Through the TAFTA agreement, Australia is able to increase their
investment in Thailand in mining, constructive services and other investments.
Not only does the TAFTA increase Australia’s access to Thailand investment it
also provides an investment protection. This investment protection gives
Australia investors has guaranteed protection and gives them rights directly to
their Thailand investments.
The TAFTA positively impacts Australian business in a variety of areas.
The TAFTA allows Australian businesses access to one stop visas, reduce paper
work needed for other countries and increases the time visa arrangement is made
for Australian companies. This increases the amount of Australian companies to
trade with Thailand as it is affordable and beneficial to their company, which
allows Thailand and Australian to have a better trade system.
Thailand and Australia free trade agreement is effective for both
countries and allows Australia and Thailand have a closer relationship. Through
the TAFTA Australia and Thailand know that the products imported from
Australia/ Thailand is correct, doesn’t contain any illegal substances and
reaches the companies requirement. Since 2005 Thailand and Australian’s prime
ministers have worked together to add or change something in the trade agreement
to suit each countries positively. Through these meeting Australia and Thailand
relationship strengthens and both countries completely understand any changes
made in the TAFTA. Australia and Thailand relationship in trade grows and helps
improves the economy of Australia.
it provides us with the not as expensive cost for exporting and importing
products to and from Thailand. With the increase of Australia importing more
Thailand merchandise over the past 5 years with the free trade agreement in
place Australia is able to import products for a less expensive cost. The free
trade agreement with Thailand allows Australia economy to spend money on other
investments. The Australia economy mainly benefits from the TAFTA from more and
inexpensive access to Thailand services, protection investment and benefits
Australian investors in Thailand.
Through the Thailand Australian free trade agreement, 94 per cent
decrease of Thailand tax is contracted in the agreement. This allows Australian
companies to save money when exporting and importing products from Thailand. By
year 2015 to 2020 the TAFTA agreement is trying to put the exportation and
importation between Australia and Thailand to be zero for some manufacturing,
industrial products expect some products like milk and cream. This allows the
Australian economy to import Thailand product for zero tax rate. This increases
the Australian economy and help Australian companies to build a better and
stable company and relationship with Thailand companies.
Through the TAFTA agreement, Australia is able to increase their
investment in Thailand in mining, constructive services and other investments.
Not only does the TAFTA increase Australia’s access to Thailand investment it
also provides an investment protection. This investment protection gives
Australia investors has guaranteed protection and gives them rights directly to
their Thailand investments.
The TAFTA positively impacts Australian business in a variety of areas.
The TAFTA allows Australian businesses access to one stop visas, reduce paper
work needed for other countries and increases the time visa arrangement is made
for Australian companies. This increases the amount of Australian companies to
trade with Thailand as it is affordable and beneficial to their company, which
allows Thailand and Australian to have a better trade system.
Thailand and Australia free trade agreement is effective for both
countries and allows Australia and Thailand have a closer relationship. Through
the TAFTA Australia and Thailand know that the products imported from
Australia/ Thailand is correct, doesn’t contain any illegal substances and
reaches the companies requirement. Since 2005 Thailand and Australian’s prime
ministers have worked together to add or change something in the trade agreement
to suit each countries positively. Through these meeting Australia and Thailand
relationship strengthens and both countries completely understand any changes
made in the TAFTA. Australia and Thailand relationship in trade grows and helps
improves the economy of Australia.