Thailand targets to achieve US$30 bln trade with Malaysia by 2025

KUALA LUMPUR: Thailand targets to achieve US$30 billion (US$1 = RM4.38) in trade value with Malaysia by 2025, says its ambassador today.

Chainarong Keratiyutwong said Malaysia had been Thailand’s largest partner among Asean countries with a total trade value of US$24.08 billion achieved last year, which is larger compared to pre-pandemic numbers.

He said Malaysia is one the main contributors to its tourism industry with 4 million Malaysian arrivals being the second largest tourist group by arrival in 2019 and among the top 10 arrivals since it reopened its borders and restarted its tourism activities.

“Despite the challenges posed by the Covid-19 pandemic for the past two years, bilateral diplomatic, economic, social and people-to-people ties remain very cordial, strong and vivid,

“This proves that Thailand and Malaysia as well as other ASEAN countries moved forward together…