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Russia And Thailand Discussed Prospects For Bilateral Cooperation

Deputy Minister of Industry and Trade of the Russian Federation Alexey Gruzdev on the sidelines of the Russian-Thai Business Forum held a meeting with Minister of Industry of the Kingdom of Thailand Suria Chingrungriangkit.

The deputy head of the Ministry of Industry and Trade of Russia noted the steady growth in trade between the two countries in recent years. At the same time, the bulk of the supply falls on industrial products: its share in Russian exports is 64%, and in imports from Thailand - about 70%.

I believe that the positive dynamics of our mutual trade is ensured in many respects by the active interaction between our countries, both through departments and business circles

- noted Alexey Gruzdev.

During the meeting, joint projects and prospects for Russian-Thai cooperation in the field of civil aircraft manufacturing, railway engineering, shipbuilding, and digital technologies were also considered.

The parties emphasized the importance of launching the Joint Working Group on Industrial Cooperation, created in accordance with the interagency Memorandum, signed in December 2018 as part of the 7th meeting of the Joint Russian-Thai Commission on Bilateral Cooperation.

 

 

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