Ministry of Commerce of Thailand to Thai-China trade target to reduce
April 27, according to reports, Thailand’s deputy minister of commerce will be the Prime Minister proposed Aron reactive, modified in 2005 prior to the development of Thailand - China trade objectives, the contents of 5 years in Thailand and the bilateral trade volume reached 50 billion U.S. million, and the end of the year in 2009 to promote bilateral investment reached 6.5 billion U.S. dollars.
Aron Gong said that bilateral trade between Thailand and China last year, valued at 36 billion U.S. dollars. Among them, Thailand’s total exports of 16 billion U.S. dollars, 20 billion U.S. dollars of imports.
First quarter of this year, Thailand trade items to China dropped harshly limit the total worth of only 2.99 billion U.S. dollars, a contradictory development of 27.6%; total trades fallen to 3.37 billion U.S. dollars, shrinking 20.9%.
The bilateral trade between Thailand and a proposal to adjust the goals, the main reason is the impact of the economic slowdown has led to the Sino-Thai bilateral trade volume between the two countries target difficult to achieve.
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