Thailand and India, which until now agreed to only 82 items of goods traded under the so-called Early Harvest Scheme (EHS), are speeding up negotiations for other goods left under the free trade area (FTA) agreement between the two countries in a bid to expand bilateral trade, Thai Deputy Commerce Minister Alongkorn Ponlaboot said.
Mr Alongkorn said on returning from a three-day trip to New Delhi beginning Tuesday that he led government officials and private businesspersons and explained to Indian officials and journalists that the political turmoil in Thailand would not affect trade and investment between the two countries.
Both sides were confident that the value of bilateral trade could reach the targeted US$10 billion within 2012, said Mr Alongkorn.
Bangkok 7th World Most connected city to China
Bangkok also ranks 3rd in terms of the volume of Chinese corporate leasing activity over the last three years, according to a new report from real estate consulting firm JLL.
While China’s biggest corporates are increasingly flexing their global muscle as the country’s economic and geopolitical influence accelerates, Bangkok is the 10th most popular destination for mainland firms expanding overseas. (more…)
Thailand’s Special Economic Zones (SEZ) and new opportunity connected
The SEZ policy was first launched in 2015 based on the government’s belief in the strong potential of the 10 areas to connect with the neighboring countries in terms of trade, economy and investment
With its strategic location in the center of ASEAN with emerging markets, including Cambodia, Laos, Myanmar, Malaysia and southern China, on its border, Thailand is well position to connect investors to new opportunities arising from the increasing border trade and the region’s rapid economic growth.
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