NationThailand-Jan 26

In potentially bad news for Thailand’s wine drinkers, tax rules are being tightened even as Australia complains of a high excise rate on wine. Australia’s ambassador to Thailand Allan McKinnon said despite Covid-19, his country remains optimistic on trade and investment with Thailand thanks to agreements in place. Although Australia is the world’s leading food exporter, Thailand enjoys a food trade surplus with Australia, he told the Nation Group during an exclusive interview.He also credited the Thai-Australian free trade agreement and the recently signed Regional Comprehensive Economic Partnership (RCEP) with boosting trade and investment between the two countries.

Read more at: https://www.nationthailand.com/business/30401781?utm_source=homepage_hilight&utm_medium=internal_referral