Toyota seeks changes in parts export policy | Bangkok Post: business

Toyota has urged the government to change the criteria for selling automobile parts via a third country to India under the bilateral free trade agreement between Thailand and India.

The issue of third-party invoicing is covered by regulations related to rules of origin and has been amended to facilitate trade. However, Thailand needs to ratify the amendment under Article 190 of the constitution, according to Commerce Minister Kittiratt Na-Ranong.

A few items of automobile parts are included in the so-called early harvest scheme of the Thailand-India FTA, which is expected to be expanded in the future to cover more goods and services.