Russia eager to see trade top $10bn with Thailand

Russia is adamant about its push for bilateral trade with Thailand reaching US$10 billion (330 billion baht) a year after showing strong interest in investing in the kingdom, says Deputy Prime Minister and Commerce Minister Jurin Laksanawisit.

Mr Jurin was speaking to the media on Saturday after attending talks with Russia’s Minister of Economic Development, Maxim Reshetnikov, on the sidelines of the Asia-Pacific Economic Cooperation (Apec) trade ministers’ meeting in Bangkok.

Mr Jurin has been chairing the Apec Ministers Responsible for Trade Meeting 2022 in Bangkok which ends today.

He said Russia has pledged to support the goal of raising annual bilateral trade to US$10 billion from US$2.7 billion last year. Russia is Thailand’s 30th biggest trade partner. Last year, Thailand exported goods totalling US$1.02 billion to the country, up 41% from the previous…