Home Business & Finance Thai diplomat expects bilateral trade at $1.6bn in FY22

Thai diplomat expects bilateral trade at $1.6bn in FY22

0

Ambassador of Thailand in Pakistan, Chakkrid Krachaiwong said due to Covid pandemic the bilateral trade between Pakistan and Thailand had reduced, however the volumes are anticipated to cross $1.6 billion this fiscal year.

Speaking at the ceremony to mark 70 years of diplomatic and trade relationship between the two countries, Thai Ambassador said bilateral trade volumes exceeded $800 million in the past six months.

“The talks on the Free Trade Agreement (FTA) between Thailand and Pakistan and progressing, which would enhace the trade volumes,” Chakkrid Krachaiwong said. The diplomat also expressed interest in tourism development.

Later, talking to newsmen Thai diplomat said Pakistan manufactured the best footballs in the world. “With the cooperation of Pakistan, Thailand is using Thai rubber in footballs, which improved the product quality.

Praising Pakistani cuisines, Chakkrid Krachaiwong said he liked Biryani and chicken tikka, while his daughter was fond of malai boti. The foreign diplomat also appreciated the hospitality and generous nature of the local people.

Thai-Pak Business Advisor Arif Suleman informed Thailand was taking keen interest in Pakistan’s tourism sector. He informed that demand of Pakistani fruits was increasing in Thailand which would increase exports going forward.

Arif Suleman also acknowledged the efforts of Chakkrid Krachaiwong in promoting bilateral relations between the two countries. On this occasion a walk was also organized and a cake was sliced to commemorate the day.

Load More Related Articles
Load More By editor
Load More In Business & Finance

Check Also

Bitcoin MENA 2024: Agenda Unveils Star-Studded Speaker Lineup and Agenda

News Desk ABU DHABI: As the countdown to Bitcoin MENA 2024 continues, the Middle East’s pr…