Thai automotive industry urged to embrace sustainability

Emphasising the necessity for sustainability and clean energy, the Thai automotive industry is being encouraged to swiftly adapt to new global regulations. Furthermore, the industry is advised to utilise free trade agreements (FTAs) to enhance its competitive stance.

Following a meeting with the Thai Automotive Industry Association (TAIA) and the Automotive Industry Club of the Federation of Thai Industries (FTI) yesterday, January 14, Commerce Minister Phumtham Wechayachai expressed the government’s desire for all stakeholders to keep abreast of changes, adapt to evolving mechanisms, and establish a new equilibrium in light of the new global trade regulations centred on sustainability, clean energy, and rules of origin.

The minister assured that the ministry will continue to collaborate with the Agriculture and Cooperatives Ministry, Customs…