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Bangkok Post
Bangkok Post
Business

Thailand, UAE to form closer trade ties

Thailand and the United Arab Emirates (UAE) have agreed to form a Comprehensive Economic Partnership Agreement (CEPA) and establish a Joint Business Council to expand bilateral trade and investment cooperation, with the goal of increasing Thai exports to 30 billion baht this year.

Speaking on Tuesday after leading a group of public and private sector executives in a discussion with UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi, Commerce Minister Jurin Laksanawisit said it was a historic day for the two countries to agree on a mechanism to enhance economic cooperation.

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