Thursday, April 3, 2008

Asean-European Union free-trade agreement

Trade between Thailand and Sweden is worth more than $1 billion per year, with leading Swedish firms such as Volvo, Scania, Tetra Pak, Electrolux and Ericsson all prominently represented.

A free-trade pact would help reduce the price advantage now held by Japanese carmakers.

Swedish-made flexi-fuel cars could become available at competitive prices in Thailand under a trade pact. More than one-quarter of the cars used in Sweden are compatible with E85 gasohol, a blend of 85% ethanol and 15% petrol. Thailand this year has only just started using E20 fuel, consisting of 20% ethanol, but it wants to move quickly toward E85.

the Volvo C30 concept car, a hybrid electric system combined with an E85-compatible engine, showed how ''Swedish forward thinking'' and innovation could play a leading role in green technology.

Most Volvo cars sold in Thailand were produced locally.

read more in http://www.bangkokpost.com/Business/04Apr2008_biz35.php

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