Pact expected to grow trade by 5%
The Commerce Ministry on Wednesday clinched a memorandum of understanding to form a deeper trade partnership through a mini-free trade agreement (mini-FTA) with Shenzhen in China, aiming to grow trade between Thailand and the southeastern metropolis by 5% to 910 billion baht in 2024.
Speaking at the signing ceremony, Commerce Minister Jurin Laksanawisit said the pact would be instrumental in helping to drive trade and investment between Thailand and China.
Thailand has seven mini-FTAs: Hainan, China; Kofu, Japan; Telangana, India; Gansu, China; Busan and Gyeonggi, South Korea; and the latest with…
