Deputy Prime Minister gives speech in Iran promoting business with Thailand

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TEHRAN – The Deputy Prime Minister gave remarks promoting investment in Thailand in front of businessmen at a forum in Iran, aiming to increase trade between Thailand and Iran by ten times from the current volume. 

Deputy Prime Minister Somkid Jatusripitak gave a speech at the event held in Tehran, Iran, and represented the Thai companies that attended.

He said Thailand is in the process of developing its infrastructure to allow transportation connectivity within the ASEAN region and to China and India, which are both highly capable markets. His visit to Iran on this occasion was intended to tighten the relations of both countries in all aspects, including trade, diplomacy, and tourism.

Deputy Prime Minister Somkid Jatusripitak

It is reported that Iran is interested in engaging in the exchange of food and energy goods with Thailand. The trade value between the two countries could be expanded by ten fold, estimated to be as high as 3 billion US dollar value as opposed to the current 300 million.