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Russia Invited to Utilize Thailands Central Strategic Position in the ASEAN Market

11 August 2017 (Readers 388)

Thailand has asked for Russian support for Thai investments in Russia and for starting the process of negotiating a free-trade agreement between Thailand and the Eurasian Economic Union (EAEU) at the earliest opportunity. Russia was also invited to fully utilize Thailands central strategic position in the ASEAN market.
The issue was discussed during the official visit to Thailand by Mr. Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation on 9-10 August 2017, as guest of the Ministry of Foreign Affairs of the Kingdom of Thailand.
According to the Ministry of Foreign Affairs, Mr. Lavrov on 10 August had a bilateral meeting with Foreign Minister Don Pramudwinai, followed by a joint press conference by both ministers and a viewing of an exhibition on the history of Thai Russian relations on the occasion of the 120th anniversary of Thai Russian diplomatic relations, held at the Ministry.
Mr. Lavrov then paid a courtesy call on Prime Minister General Prayut Chan-o-Cha at Government House and later signed the book of condolences in remembrance of His Majesty the late King Bhumibol Adulyadej at the Grand Palace. In both the meetings between
Mr. Lavrov and the Prime Minister and the Minister of Foreign Affairs of the Kingdom of Thailand, apart from following up on the outcome of the Prime Ministers official visit to the Russian Federation last May, both sides also had a fruitful discussion on important issues of mutual interests.
The issues involved, for examples, bilateral trade to be increased by fivefold by 2020 from two billion US dollars to 10 billion dollars, Russias purchase of more Thai agricultural products, and enhanced cooperation in energy, science, technology and security.
The discussions also touched on the issues of the promotion of Russian investment in Thailands S-Curve industries in areas of Russian expertise, such as aerospace, digital and robotics, in support of Thailand 4.0 policy, especially Russian investment in Thailands Eastern Economic Corridor project.
Furthermore, both sides also exchanged views on regional and global issues, such as the situation in the Asia-Pacific region, the South China Sea, the Korean Peninsula, and cooperation within ASEAN.
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