Bilateral commerce reaches $6.8 billion
Commerce Minister Suphajee Suthumpun meets British Ambassador to Thailand Mark Gooding at the Commerce Ministry on June 5. The two discussed trade and economic ties between Thailand and the United Kingdom ahead of the ambassador's departure at the end of his term in July. Ministry of Commerce
Thailand and the United Kingdom have agreed to strengthen trade and economic cooperation as Bangkok pushes ahead with its goal of joining the OECD by 2028, Commerce Minister Suphajee Suthumpun said.Ms Suphajee said she met British Ambassador Mark Gooding on Friday ahead of the completion of his diplomatic mission in Thailand next month. The talks focused on expanding economic ties and trade partnerships amid growing uncertainty in the global economy.
She said the Thailand-UK Joint Economic and Trade Committee (JETCO) remains an important mechanism for advancing cooperation in sectors including automotive manufacturing, agriculture, food and beverages, healthcare, education and customs administration.
Bilateral trade has increased by 24% over the past five years, rising from about US$5.5 billion (180.4 billion baht) to US$6.8 billion, says the Commerce Ministry.
