Thai diplomat expects bilateral trade at $1.6bn

Observer Report 

Ambassador of Thailand in Pakistan, Chakkrid Krachaiwong said due to Covid pandemic the bilateral trade between Pakistan and Thailand had reduced, however the volumes are anticipated to cross $1.6 billion this fiscal year.

Speaking at the ceremony to mark 70 years of diplomatic and trade relationship between the two countries, Thai Ambassador said bilateral trade volumes exceeded $800 million in the past six months.

“The talks on the Free Trade Agreement (FTA) between Thailand and Pakistan and progressing, which would enhace the trade volumes,” Chakkrid Krachaiwong said.

The diplomat also expressed interest in tourism development. Later, talking to newsmen Thai diplomat said Pakistan manufactured the best footballs in the world.

“With the cooperation of Pakistan, Thailand is using Thai rubber in footballs, which improved the product quality.

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