Thailand is geared towards fostering new partnerships with Japan’s Wakayama prefecture, with a particular emphasis on the co-development of the furniture and agricultural processing sectors. The main objectives of this business collaboration include enhancing product development and expanding export possibilities.

 

Commerce Minister Phumtham Wechayachai, following a discussion with Wakayama’s governor, Kishimoto Shuhei, yesterday, stated that he urged the prefecture to encourage business collaboration between Thai and Japanese entrepreneurs within the furniture and agricultural processing sectors. This would facilitate the creation of joint products that capitalise on each nation’s unique capabilities.

 

Phumtham also encouraged Wakayama’s agricultural processing entrepreneurs to consider sourcing raw materials from Thailand for their products. He specifically mentioned Nakata Foods Co, an attendee at the recent Thaifex–Anuga Asia 2023 food and beverage trade fair, which has shown interest in importing passion fruit juice from Thailand to manufacture alcoholic beverages. Phumtham confirmed that negotiations between the companies are currently underway.

 

He assured Shuhei that the ministry is prepared to offer its complete support to any other prefecture companies interested in importing Thai goods.

 

On May 28, 2019, Thailand’s International Trade Promotion Department signed a memorandum of understanding with the Wakayama government. The agreement was designed to stimulate trade cooperation and the growth of small and medium-sized enterprises (SMEs) in both countries.

 

Phumtham remarked that this pact has facilitated ongoing collaboration between the two regions.

 

By Alex Morgan

Caption: Photo: Bangkok Post

 

Full story: The Thaiger 2023-10-20

 

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Japan make great furniture 

1 hour ago, phil2407 said:

Japan make great furniture 

At fancy prices.