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Monday, May 13, 2024

Sweet success: Thai fruit exports to China ripe with growth, thanks to fast track on China-Laos Railway

Picture courtesy of MGR Online

Thai fruit exports to China experienced a significant surge in the first five months of this year, growing by a staggering 365%. This upswing is predominantly accredited to the utilisation of the China-Laos Railway for transit, which has resulted in a significantly reduced delivery duration and leveraged the benefits of free trade deals, according to sources yesterday.

The railway route has been highly instrumental in creating lucrative openings for Thai products within the Chinese marketplace. It has effectively slashed the transit time to less than 15 hours, a drastic reduction from the preceding two-day journey by road, voiced Auramon Supthaweethum. Director-General of the Department of Trade Negotiations (DTN) helming Thailand’s Ministry of Commerce, she was cited in an interview with ThaiRath Online, reported Bangkok Post.

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