EXIM Bank provides financial services between Thailand and Iran

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April 6, 201610 yr

EXIM Bank provides financial services between Thailand and Iran

BANGKOK, 6 April 2016 (NNT) - The Export-Import Bank of Thailand (EXIM Bank) has launched financial services in support of trade between Thailand and Iran.

EXIM Bank President Manas Chaemweha and acting Managing Director Khemmathat Sai-chuea on Tuesday announced the bank's new services to support the Thai-Iranian trade for the first time in Thailand.

The services are line with the Thai government's policy to increase the Thai-Iranian trade value to three billion USD within five years.

The trade value between the two countires was 300 million USD in 2015. Potential Thai products in the Iranian market include agricultural products, food, TVs, wood and wooden products, air conditioners and plastic resin.

The bank also plans to set up its regional offices in Laos for the first country in the CLMV group. The offices are expected to facilitate trade between Thailand, Laos and China.

-- NNT 2016-04-06

April 6, 201610 yr

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