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NEW UPDATES Asean Affairs   17 June 2014  

Thai-Australian trade relations remain strong

Despite the May 22 bloodless coup in Thailand, trade relations between the kingdom and Australia remain strong, Thai Commerce Ministry adviser Ampawan Pichalai said Sunday.
Although the Australian government has downgraded relations with Thai military leaders following the military coup by the National Council for Peace and Order (NCPO), trade relations between the two countries continue without hindrance, Ms Ampawan, acting director of the Trade Policy and Strategy Office said.
Thailand and Australia have enjoyed warm relations more than 60 years while the two countries maintain several agreements on trade cooperation, she said, including the Thailand-Australia Free Trade Agreement (TAFTA) and the Thailand-Australia  Business Council.
It is believed that the downgrade on military cooperation would not affect trade relations, she said.
The combined trade value between Thailand and Australia during the first four months this year amounted about US$4.39 billion, representing 2.9 per cent of Thailand’s total trade value.
Thailand has enjoyed a trade surplus against Australia during the past five years.
The TAFTA agreement will enable Thai small- and medium-sized enterprises to export more to Australia after Canberra opens its market more widely for Thai services  and investment.
Investment in the kingdom will also increase because the country is strategically located in the heart of mainland Southeast Asia, she added. (

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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