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– S.S. Kumar

An artiste performs at the inauguration of the three-day Thailand trade exhibition of ‘Destination Thailand’ at Chennai Trade Centre at Nandambakkam on Friday.

Our Bureau

Chennai, July 4

Bilateral trade between India and Thailand will cross $10 billion by 2010 when the FTA between the two economies is expected to be fully implemented, said Mr Viroon Thejapaibul, Deputy Minster of Commerce, Thailand.

He said there was a very cordial trade relationship between the two countries and this will only be strengthened over a period. “The trade between us has grown from around $3 billion in 2003 to over $4.7 billion in 2007. This will more than double to cross $10 billion by 2010,” he said.

According to Mr Suphot Yanthukij, Consul-General, Royal Thai Consulate, Chennai, tourism and education are the other areas of interest between the two countries. There are over 1,600 Thai students studying here. The two countries exchange a lot of tourists. Particularly after the visa on arrival facility announced by the Thailand Government, the number of Indian tourists has gone up substantially. A majority of them are on business visits, said Mr Yanthukij.

Inaugurating the sixth edition of Thailand Trade Exhibition – Destination Thailand, 2008, here at Chennai Trade Centre, the Tamil Nadu Governor, Mr Surjit Singh Barnala, said the cultural ties between Indian and Thailand date back to several centuries. In ancient Indian literature, Thailand is referred to as Swarnabhumi or the Golden Land, he recalled.

He also said the programme of cooperation in science and technology, bio-technology and the MoUs on cooperation in the field of agricultural science stand testimony to Indo-Thai relations.

Many Indian companies such as the Aditya Birla Group, Tata Motors, Tata Steel, Ranbaxy, Infosys and Satyam Computers have started their offices in Thailand, he pointed out.

More Stories on : Foreign Trade | Tamil Nadu

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