30995
Bangkok Seeks Broader Tehran Ties
Economy, Domestic Economy

Bangkok Seeks Broader Tehran Ties

Thailand’s government has given priority to investment in small- and medium-sized enterprises and seeks cooperation with Iran in this regard, said the Southeast Asian country’s deputy commerce minister.
Suvit Maesincee made the statement in a Monday meeting with the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Mohsen Jalalpour.
Referring to the fact that relations between the two countries have undergone a sea change over the past three years, the Thai official hoped for strong economic ties that would go beyond mere exchange of goods.
“We need to set our sights on investments aimed at sustainable development,” he said.
Maesincee also expressed his country’s readiness to invest in the infrastructure of Iran’s rural areas and production of natural rubber, agricultural produce and rail transport.
“Thailand is the gateway to Asia and can pave the way for Iran’s entry to the 600-million market of the Association of Southeast Asian Nations,” he added.
ASEAN is a political and economic organization of 10 Southeast Asian countries. It was formed in 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand. Since then, membership has expanded to include Brunei, Cambodia, Laos, Myanmar and Vietnam.
Jalalpour said Iran accounts for less than 0.05% of Thailand’s $200-billion market and the Southeast Asian country’ share of Iran’s $87 billion yearly imports stands at $115 million (0.13%).
“It’s our expectation to see annual bilateral trade reach $1 billion in three years’ time,” he said.
Noting that tourism and transportation are among fields where the two countries can bolster their cooperation, Jalalpour said ICCIMA is ready to set the stage for the cooperation of their respective private sectors.
An Iran visit by Thailand’s Deputy Prime Minister Somkid Jatusripitak is scheduled for December.

Short URL : https://goo.gl/ytCWhl
  1. https://goo.gl/sK2jbn
  • https://goo.gl/R1nRrK
  • https://goo.gl/cjv0UQ
  • https://goo.gl/bN5TW9
  • https://goo.gl/SnceKk

You can also read ...

On Sunday, the rial traded at 46,130 to the dollar, up 1.8%. 
With its foreign exchange package now in full swing, the...
Iran Decision on FATF Agenda
The Financial Action Task Force–the global anti-money...
Iran-Greece Trade Tops $1.5 Billion
Iran exported more than €1.26 billion worth of goods to Greece...
Telegram Raises $850m From Investors Before Planned ICO
The chat app company Telegram filed documents with the US...
Ban on Contraband Cellphones in Iran Reaches LG
Following the government’s belated policy of curbing cellphone...
Intel Hit With  32 Lawsuits
Intel has revealed that the company is facing at least 32...
Iran and Turkey finalized the $1.4 billion currency swap agreement.
Iran has signed memoranda of understanding and protocols...
Facebook has to delete all data it has gathered on Belgian citizens.
A Belgian court threatened Facebook (FB.O) on Friday with a...

Trending

Googleplus