Trade discussions took place yesterday between Thailand and China‘s Guangxi Zhuang Autonomous Region, focusing on the potential use of the New International Land-Sea Trade Corridor (ILSTC) to enhance trade cooperation. Guangxi Zhuang, a southern Chinese region adjacent to Vietnam, is the operational hub of the ILSTC, a trade and logistics channel. The route extends from Chongqing to the Beibu Gulf ports in Guangxi, including the port of Qinzhou.
Minister of Commerce Phumtham Wechayachai, also one of Thailand’s Deputy Prime Ministers, addressed the media following a trade meeting with Lan Tianli, chairman of Guangxi Zhuang. The minister highlighted Guangxi Zhuang’s strategic position due to its land and sea connections with Vietnam. Phumtham was in Nanning, China, for the 20th China-Asean Expo (CAEXPO) when the trade discussions took place.
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