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Bangkok Post
Bangkok Post
National

Latin America seen as ideal partner for BCG

LAC Latin America Thailand Economy Thai
Pornpimol Kanchanalak, Adviser to the Minister of Foreign Affairs of the Kingdom of Thailand. (Photo: Ministry of Foreign Affairs)

Thailand and Latin America and the Caribbean (LAC) hope to enhance economic outcomes by collaborating in a Bio-Circular-Green (BCG) economy transition, according to Pornpimol Kanchanalak, Adviser to the Minister of Foreign Affairs of the Kingdom of Thailand.

At a seminar hosted by the Ministry of Foreign Affairs titled "Bio-Circular-Green (BCG) Economy: Pathways to Enhanced Partnerships between Thailand and Latin America and the Caribbean", Ms Pornpimol said Thailand's BCG economy accounts for 21% (3 trillion baht) of the total Thai GDP. It is expected to grow further in the next half-decade under the collaboration between Thailand and LAC along the BCG transition.

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