Thailand seeks to boost trade, investment with India
The Dollar Business Bureau Thailand on Thursday invited Indian companies to enhance their investments in its country, as the two countries looked to explore cooperation in trade and investment, defence, security and tourism sectors, during Prime Minister Prayut Chan-o-Cha’s three-day visit to India. "Trade between two countries is quite low and there is room for more cooperation between Thailand and India," Thailand Board of Investment Deputy Secretary General Chokedee Kaewasang said on Thursday in New Delhi. "Thailand and India are in a unique position to help each other. Thailand will help India in getting access to ASEAN," Kaewasang said. Chan-o-Cha met Prime Minister Narendra Modi on Friday, and the two leaders discussed ways to boost bilateral trade, deal with the threat of terrorism and expand maritime ...
India, Thailand need to encourage private sector investments
In the financial year 2014-15, India-ASEAN trade stood at $76.58 billion, registering average annual growth rate of 12% from $44 billion during 2009-10 The Dollar Business Bureau India is also considering enhancing the ASEAN-India Science and Technology Development Fund from the current $1 million to $5 million in near future Concerned over a modest pace of trade and investments growth between India and Thailand, Vice President Hamid Ansari on Thursday said the two countries need to encourage private sector investments to enhance bilateral cooperation. The Vice President who is on a three-day visit to Thailand emphasised that the two countries need to synergise their efforts in the areas of economy and business to enhance and diversify trade. The two governments are willing to ...
