Thailand And India To Boost Trade, Investment And Tourism Cooperation

Thailand and India will boost their trade, investment and tourism cooperation

India is interested in Thailand’s food processing technology while Bangkok sees good opportunities in increasing exports of construction materials to that country.

Commerce Ministry spokesman Chamni Buchasuk (ชำนิ บูชาสุข) said Thailand and India are seeking to boost their cooperation in trade, investment, tourism and other areas. Mr. Chamni said that during a recent trip to India by commerce inspector-general Thawatchai Sopasathianpong (ธวัชชัย โสภาเสถียรพงศ์), India had expressed much interest in Thailand’s fruit and vegetables processing technology.

India, meanwhile, is implementing a lot of infrastructure development projects so exports of several kinds of Thai construction materials to that country have a bright prospect, he said.

Mr. Chamni said Thailand and India had also signed a tourism cooperation agreement.

Thailand set its export value to India at US$2.4 billions this year, he added.

Source: Thai National News Bureau Public Relations Department - 23 May 2006