BANGKOK, 10 May 2010 (NNT) — Thailand and Vietnam has agreed to improve its trade and logistics process in order to facilitate trade for both countries.
According to a Memorandum of Understanding (MoU), made between the twin cities of Mukdahan province in Thailand and Quang Tri in Vietnam, both countries had agreed to eliminate procedures for import and export in order to facilitate more convenience for both sides. Following a meeting with representatives from Mukdahan Province consisting of the public and private sector, and business operators in tourism and export, improvements in logistics, laws and regulations for travel and border logistics will be mutually enacted in both cities.
Meanwhile, according to Deputy Governor of Mukdahan province, Sommai Preechasin, Thailand and Vietnam will cooperate in various activities in the future, including the upcoming Forum of the East-West Economic Corridor Cooperation held from 25-26 June 2010, which will take place in Quang Tri province in Vietnam. During the forum, delegates from the East-West Economic Corridor (EWEC) including Laos, Thailand and Myanmar will discuss ways to gain benefits from the EWEC.
Reporter : Dolsinee Kritayapimonporn
via Thailand-Vietnam implements measures to ensure smooth border trade : National News Bureau of Thailand.