The Ministers of Industry and Finance unveiled the ECO Sticker car information labeling campaign, and signed the MOU on Carbon Dioxide taxation law.

The Minister of Industry Chakramon Phasukavanich and the Minister of Finance Sommai Phasee both presided over the unveiling event of the ECO Sticker car information label campaign and signed a Memorandum of Understanding (MOU) on the promotion of sustainable car use by ECO Sticker and CO2 tax collection.

The Minister of Industry has said that the ECO Sticker will contain four informative elements, namely the information of the manufacturer/importer, the vehicle information, list of factory-installed equipments, and the tests in accordance to the referring standard.

The signed MOU is a demonstration of the determination that all agencies are willing to comply with the cabinet’s resolution on the adjustment of the vehicle tax (CO2 tax), and on the guidelines for vehicle manufacturers and importers to place the ECO Sticker that will reveal the vehicle's carbon dioxide emission rate.-VNA