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Monday, April 29, 2024

Indo-Thai Bilateral Trade Touched USD 15bn In FY’22

The bilateral trade between India and Thailand reached an all time high of around USD 15 billion in 2021-22 as the domestic market remains attractive for Thai investors, said Union Minister of State for External Affairs Rajkumar Ranjan Singh.

The economic cooperation between the two countries in trade, investment and tourism have continued to flourish during recent years, Singh said on Saturday at the ongoing second edition of the North East India Festival, being held in Bangkok.

“Thailand is the fourth largest trading destination for India in the ASEAN region. Bilateral trade between India and Thailand has reached an all time high of around USD 15 billion in 2021-22. The Indian market remains attractive for Thai investors,” he added.

Commerce, Culture and Connectivity define the future focus areas of cooperation between India and Thailand, Singh stressed.

“India provides…

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