What is the Thailand-Australia Free Trade Agreement?
The Thailand-Australia Free Trade Agreement is a major market opening agreement, which will result in Thai tariffs on virtually all goods imported from Australia being eliminated by 1 January 2010. It will also substantially improve the environment for bilateral services trade and investment. Australian business is urged to take a close look at the new opportunities created by the Thailand-Australia Free Trade Agreement. The imminent reduction of Thailand’s high tariff barriers (for some tariffs up to 200 per cent) means that exports may now become viable for a range of products. Opportunities are also opening in Thailand for Australian service providers, investors, and manufacturers and processors. The Thailand-Australia Free Trade Agreement entered into force on 1 January 2005. http://www.dfat.gov.
