Thursday 7 May 2009

Ministry of Commerce of Thailand to Thai-China trade objective to lessen

By Zou

April 27, as asserted by accounts, Thailand's deputy minister of business will be the Prime Minister suggested Aron reactive, changed in 2005 former to the development of Thailand - China trade objectives, the contents of 5 years in Thailand and the bilateral trade capacity come to 50 billion U.S. million, and the end of the year in 2009 to encourage bilateral buying into come to 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 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.

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