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Thailand and Russia Discuss Ways to Further Strengthen Relations

6 September 2017 (Readers 733)

Prime Minister General Prayut Chan-o-cha and President of the Russian Federation Vladimir Putin have discussed ways to strengthen the relationship and further cooperation between Thailand and Russia, including increasing bilateral trade turnover to reach the agreed target of 10 billion US dollars by 2020.
The two leaders had a bilateral meeting during the 9th meeting of the BRICS Summit in Xiamen, Peoples Republic of China, on 5 September 2017.
They also discussed the issues of expediting the implementation of concluded agreements in various sectors and the holding of meetings in various frameworks to achieve concrete outcomes.
The Prime Minister encouraged Russia to consider importing more agricultural products from Thailand, especially rubber and rice, and to send experts to inspect Thai livestock, poultry, and fishery processing plants, so that Thailand can send more of these food products to Russia. He also urged Russia to expedite the negotiation process of an FTA between Thailand and the Eurasian Economic Union (EAEU).
The Prime Minister also invited Russia to consider investing in Thailands Eastern Economic Corridor (EEC) and S-Curve industries in areas where Russia has expertise.
He also invited Russia to use Thailands potential as the connectivity hub for ASEAN, which would complement Russias "Turn to the East policy. The Russian President expressed appreciation for the Thai private sectors investments in Russia.
This was the second meeting between Prime Minister General Prayut and the President of the Russian Federation after their first meeting in May 2016 during the ASEAN - Russia Commemorative Summit in Sochi in the Russian Federation.
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