Saturday, September 26, 2009

Overland Thai trade caravan leaves for Yunnan

NONTHABURI, Sept 24 (TNA) – Thai Commerce Minister Pornthiva Nakasai presided over a launching ceremony sending a caravan of trucks carrying 15 containers of Thai goods to China’s Yunnan province through Thailand’s northern province of Chiang Rai, the Lao PDR and Xishungbanna Thursday morning.

The cargoes are destined for a Thai goods fair will be held in Yunnan’s Xishungbanna October 1 to 5 during the celebration of China’s national day.

The activity is considered the official opening of the route R3A, linking Thailand, Laos, Myanmar and China. The route was expected to boost Thai-Chinese trade at the border to grow by at least 25 per cent, the commerce minister said.

The value of trade between Thailand and China in 2008 was worth US$36 billion, a 19 per cent growth, compared to a year earlier.

The Department of Export Promotion (DEP) targeted to increase trade and investment value in 2010 to reach US$ 50 billion.

Thai goods caravan to southern China under the “Made in Thailand Exhibition 2009” project is one of the DEP projects to achieve its target.

R3A is considered an important trade route to transport Thai exports to China. The route will also boost tourism, cultural exchange and relations between the two countries, Mrs Porntiva said. (TNA)

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