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By 2017 Thailand plans to double the volume of bilateral trade with Russia
24-25 in November in the framework of the 2 meeting of the Russian-Thai Committee on Trade and Economic Cooperation, the Thai government delegation, led by Deputy Trade Minister Uphiradi Tantrapon, held talks with Russian colleagues. This is reported by the Thai news agency TNA.
According to the deputy minister, Thailand plans to seriously increase exports of Thai rice, fish products and poultry products to Russia in order to double the bilateral trade in two years.
The Thai delegation also discussed the possibility of enhancing bilateral cooperation with Russia in such areas as banking, the jewelry industry, research and development, aircraft manufacturing, etc.
Mrs. Tantrapkhon added that Thailand intends to offer Russian investors attractive conditions for investing in natural rubber production in Songkhla province in the south of the country.
As a result of these and other incentive measures, the volume of bilateral Thai-Russian trade should reach 10 billion per year in two years. Currently, the annual turnover is about 4,4 billion. USA.