Investment expected to continue
Thailand remains on track to improve economic ties with Saudi Arabia as it seeks a new potential market for its products, following sluggish exports to the US and Europe.
The value of business deals between Thailand and Saudi Arabia is expected to reach 10 billion baht this year, said Nava Chantanasurakon, a member of the executive board of the Federation of Thai Industries (FTI).
“Saudi Arabia is a high-potential market and a gateway to the Middle East,” he said, referring to the Gulf Cooperation Council, which comprises Saudi Arabia, Kuwait, the United Arab Emirates, Qatar,…
