Thailand plans to boost exports to China: vice premier – Xinhua English.news.cn

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Thai Deputy Prime Minister and Commerce Minister Jurin Laksavisit during an interview with Xinhua in Bangkok, Thailand, March 24, 2022. (Xinhua/Wang Teng)

The senior official noted that Thailand and China have very strong trade relations and various types of cooperation, including bilateral trade agreements, the ASEAN-China Free Trade Agreement (FTA) and the Regional Comprehensive Economic Partnership (RCEP). ).

BANGKOK, April 1 (Xinhua) — Thai Deputy Prime Minister and Minister of Commerce Jurin Laksanavisit said his country hopes to further expand exports to China based on strong bilateral business cooperation.

“If we look at the 10-year trend between Thailand and China, when we look at trade values, they have increased,” Jurin told Xinhua in an interview, saying that “in addition to increasing bilateral trade values between our two countries, we hope to reduce the trade deficit.”

Photo taken on May 20, 2020 shows a freshly picked durian in Chanthaburi Province, Thailand. (Xinhua/Rachen Sageamsak)

Jurin said Thailand and China have long enjoyed strong and prosperous relations, with the two countries sharing broad partnerships in diplomatic and economic relations.

“China has always been very important (to Thailand),” in terms of tourism and export sectors, he said.

The senior official noted that Thailand and China have very strong trade relations and various types of cooperation, including bilateral trade agreements, the ASEAN-China Free Trade Agreement (FTA) and the Regional Comprehensive Economic Partnership (RCEP). ).

“We hope to see a big win from RCEP,” he said, which as the world’s largest FTA will benefit Thailand in terms of broader market access as well as tariff reductions. RCEP came into effect on Jan. 1, allowing “Thailand and other member countries, including China, to share in the prosperity,” he said.

People visit the Thailand pavilion during the second China International Import Expo (CIIE) in Shanghai, east China, Nov. 6, 2019. (Xinhua/Chen Fei)

China has remained Thailand’s largest trading partner for nine consecutive years. Bilateral trade volume jumped 33 percent year-on-year to $131.18 billion in 2021, according to data from the General Administration of Customs of China.

The Thai deputy prime minister hailed China’s efforts to further open up its economy and hosting the China International Import Expo (CIIE).

“I am particularly impressed with the CIIE as it is a beneficial policy for many countries including Thailand. The object is great for China as an export destination and opens up the economy to prosperity. common and stronger business and trade values.”

With Thailand’s tourism sector hit hard by the COVID-19 pandemic, “we find ourselves with exports as the main economic driver,” Jurin said, adding that the ministry has set itself the goal of increasing the country’s exports. 4% this year.

A train arrives at Nong Khai Railway Station in Nong Khai Province, Thailand, Nov. 16, 2021. (Xinhua/Lin Hao)

The Thai government hopes to work with the Chinese government to improve export facilitation as checkpoints and customs clearance, Jurin said: “We hope to see more channels to receive Thai products, especially for our food and fruits. for which Chinese consumers have a strong demand”.

He also said Thailand expects to see more export goods transported to China via the China-Laos railway, with fruits, vegetables and other products being the priority items.

In February, the cross-border railway, which stretches over 1,000 km and connects the city of Kunming in southwestern China with Vientiane, the capital of Laos, transported the first shipment of 500 tons of Thai rice to Chongqing Municipality in southwest China.

Thailand is ready to use the railway to transport fruit to China after the sanitary and phytosanitary facilities at Mohan Port in southwest China’s Yunnan Province are completed by mid-2019. year.

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