CHENNAI: Thailand aims to
increase the bilateral trade with India to $10 billion in the next two years, a
senior official from the Southeast Asian nation said.
"Following the Thailand
government's policy to strengthen the relationship with all countries,
including India, a great deal of effort has been put in forging a bilateral
trade relationship with India," Thai Trade Centre Director Paisan Maraprygsavan
said.
"The current two-way trade with India
stands at $6.6 billion. We want to increase it to $10 billion in two
years," he told reporters here on the sidelines of inauguration of the
seventh edition of Thailand Trade Show, 2011 at the Chennai Trade Centre.
He said India signing Free Trade
Agreement (FTA) with Thailand and with the ASEAN countries would help
strengthening the two-way trade relations.
India imports various products,
including cosmetics, furniture and rubber, while it exports automobile parts,
sea food, diamond, coal and plastic products to Thailand, he added.
The three-day expo, Thailand Trade Show-2011,
was formally inaugurated by Royal Thai Consulate Consul-General Chanchai
Charanvatnakit.
He said more than 100 exhibitors ranging from food,
beverage, garments, textiles, fashion accessories, health and kitchen products
were taking part in the event.
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