Ministry of Commerce of Thailand to Thai-China trade goal to decrease

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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 exports to China fell sharply limit the total value of only 2.99 billion U.S. dollars, a negative growth of 27.6%; total imports dropped to 3.37 billion U.S. dollars, shrinking 20.9%.

The bilateral trade between Thailand and a suggestion to adapt the goals, the major cause is the influence of the financial slowdown has directed to the Sino-Thai bilateral trade capacity between the two nations goal tough to achieve. - 18418

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