H.E. Kiat Sittheeamorn, President of the Thailand Trade Representative (TTR) led a 130-member delegation for a visit to Malaysia from 28-29 March 2010. Aimed to further strengthen the bilateral economic relations between the two countries, the visit also sought to explore potential business opportunities for both countries.
The visit reinforces the commitments made by leaders of both Malaysia and Thailand when Y.A.B. Dato’ Sri Mohd Najib Tun Razak visited his Thailand counterpart, H.E. Abhisit Vejjajiva last year to bring existing bilateral relation to a higher level. A series of activities were held in conjunction with the visit, including a Seminar on Malaysia -Thailand Trade and Investment Cooperation, bilateral meetings with Minister of International Trade and Industry, Minister of Plantation Industries and Commodities, as well as the signing of a Memorandum of Understanding between British Dispensary (L.P.) Co. Ltd. and CCM Co. Ltd. Malaysia.
During the bilateral meetings, both countries identified potential areas for cooperation and collaboration which include healthcare services (including traditional medicine), port management, bio mass and renewable energy, halal food industry, automotive parts and components, textile and tourism.
In 2009, Thailand was Malaysia’s 5th largest trading partner, 5th largest export destination and 5th largest source of import. During the same year, bilateral trade amounted to US$15.9 billion with exports worth US$8.4 billion and imports valued at US$7.5 billion.
The visit reinforces the commitments made by leaders of both Malaysia and Thailand when Y.A.B. Dato’ Sri Mohd Najib Tun Razak visited his Thailand counterpart, H.E. Abhisit Vejjajiva last year to bring existing bilateral relation to a higher level. A series of activities were held in conjunction with the visit, including a Seminar on Malaysia -Thailand Trade and Investment Cooperation, bilateral meetings with Minister of International Trade and Industry, Minister of Plantation Industries and Commodities, as well as the signing of a Memorandum of Understanding between British Dispensary (L.P.) Co. Ltd. and CCM Co. Ltd. Malaysia.
During the bilateral meetings, both countries identified potential areas for cooperation and collaboration which include healthcare services (including traditional medicine), port management, bio mass and renewable energy, halal food industry, automotive parts and components, textile and tourism.
In 2009, Thailand was Malaysia’s 5th largest trading partner, 5th largest export destination and 5th largest source of import. During the same year, bilateral trade amounted to US$15.9 billion with exports worth US$8.4 billion and imports valued at US$7.5 billion.
No announcement for today.