The Phuket News Premier League predictions The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Business News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

New Thai-UK trade body to hold first meeting

BANGKOK: The Thai-UK Business Leadership Council, formed in mid-July with the aim of fostering trade and investment between the two countries, will hold its first meeting in October.

tourism, economics, politics,


Bangkok Post

Thursday 4 August 2016, 11:22AM


Thai Prime Minister’s Special Envoy Virasakdi Futrakul (left) and UK Prime Minister’s Trade Envoy to Thailand Mark Garnier MP sign the agreement to launch the Thai-UK Business Leadership Council on July 12.
Thai Prime Minister’s Special Envoy Virasakdi Futrakul (left) and UK Prime Minister’s Trade Envoy to Thailand Mark Garnier MP sign the agreement to launch the Thai-UK Business Leadership Council on July 12.

Deputy Prime Minister Somkid Jatusripitak said the meeting will be held in Thailand to look for creative ways to encourage Thai and British businesses to build new and innovative partnerships, as well as encourage the governments of both countries to foster bilateral trade and investment.

He said Britain is in the process of exiting from the European Union, thus it is the right time to hold the business leadership council meeting and strengthen economic cooperation.

Mark Garnier, Britain’s newly-appointed minister at the Department for International Trade, met the Thai deputy prime minister last Friday (July 29) to discuss economic cooperation, bilateral trade and investment between the two states.

Mr Somkid said Thailand is the first country Mr Garnier has visited in his current role.

He added that both Thailand and Britain had agreed to conduct bilateral talks once Britain officially exits from the EU.

Mr Somkid said Thai companies are looking for investment opportunities and technology from Britain, while British companies are eager to build new partnerships both in Thailand and with Thai companies operating in third countries such as Cambodia, Laos, Myanmar and Vietnam.

British firms are also interested in investing in aviation, bio-economy, fintech and education.

British International School, Phuket

Britain ranks as Thailand's 19th-largest trade partner in the world and Thailand's second-largest trade partner in Europe.

Thailand’s trade value with Britain was registered at US$6.4 billion (B223 billion) last year, down 6.1% from $6.8 billion in 2014.

For the first six months of this year, two-way trade between Thailand and Britain totalled $2.72 billion, with exports from Thailand accounting for $1.8 billion for the period, down 6.21% year-on-year.

Key exports include processed chicken, cars and car parts, electrical circuits, motorcycles and parts, gems and jewellery, machinery and parts, air conditioners and parts, canned and processed seafood, plastic products and garments.

 

Read original story here.

 

 

The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
Username:
Password:
E-mail:
Security:
    Forget your password?

Be the first to comment.

The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments


CIB tackles illegal drone flight threat

Article made me thinking: Why is the Army not patrolling in the Deep South with drones instead with unprotected pick up trucks, ripped apart like sar...(Read More)


Phuket’s Eva Beach appeal earns demolition reprieve, says Rawai Mayor

Editor, can you please explain what this has to do with this story "Looks to me like helicopter parenting here.BTW,studies show that children of ...(Read More)


CIB tackles illegal drone flight threat

Whilst flying a drone over military or airports is important, I wish they'd sort out far more important issues....(Read More)


Pacific corals in 'worrying' state: researchers

It's the climate change. Mother Nature is showing us with more harsh weather ( stronger storms, typhoons, hurricanes, earthquakes) and signals f...(Read More)


Pacific corals in 'worrying' state: researchers

I been there in the early 90.is and seen them,the coral were still pretty much ok from my point of view.It seems nobody really cares and everybody jus...(Read More)


Phuket’s Eva Beach appeal earns demolition reprieve, says Rawai Mayor

Funny how quick someone jumps up like a rabbit out of a magicians hat,if our chief commentator is questioned! Looks to me like helicopter parenting he...(Read More)


Phuket Opinion: The rising tide of progress

Great PN piece of Opinion. Yes, Anyone living many years on Phuket island is not surprised by the floodings, etc. See Patong police station, 2 hours...(Read More)


Phuket taxi drivers charged for assaulting security guard over access to hotel guests

Wow "Might" revoke their licence's, tough talk, well done, the taxi tuk tuk mafia will be shaking in their shoes!...(Read More)


11 held in crackdown on foreign crime

As mentioned in a previous story, the ever good old Nigerians and their scams, most from that continent aren't good people, sad but true....(Read More)


Phuket Opinion: The rising tide of progress

The monkeys can be moved because no one is being paid to look the other way....(Read More)

The Phuket News
Bangkok Hospital Phuket
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
World Entertainment
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
Content Google Map
Site map
Australian Visa Services
 
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.