DISCUSSION ON FOREIGN BUSINESS ACT AND THE TRANSIT LOGISTIC WITH THE OECD
On Tuesday December 4th, EABC hosted a meeting with Mr. Martin Wermelinger, Ph.D. (Project Manager/Economist, Investment Division) and Mr. Fernando Mistura (Policy Analyst, Investment Division), representatives of the Organisation for Economic Co-operation and Development (OECD) on the discussion and consultation on Foreign Business Act and the transit logistic and valuation issues in Thailand.
Thailand has observer status with OECD but is not a member. OECD is engaged by the Royal Thai Government on four pillars (about 16 areas) under the Thailand Country Programme. While great benefits were derived some decades ago from liberalization of manufacturing, service sector liberalization has not enjoyed the same progress. EABC has recently made a submission to open up the Foreign Business Act (FBA) and discussed this with the Ministry of Commerce on 18 and 20 September.
The meeting was joined by Mr. Roderich Hoffmann (New Chair Transport & Logistics Working Group), Mr. John Quarmby (Former Chair Transport & Logistics Working Group), Mr. Bob Fox (Chair Digital Economy/ICT Working Group) and Mr. Chaladbhum Temkasem (EABC Executive Director).