Montenegro promoted as gateway for Thai products

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BANGKOK, 15 September 2013 Montenegro will be promoted as gateway for Thai products to penetrate markets in peninsula as Thailand sees Montenegro as potential product distribution center. 

Prime Minister Yingluck Shinawatra has met with her Montenegrin counterpart, Prime Minister Milo Djukanovic, who voiced his support to Miss Yingluck’s idea to use Montenegro as a center for products from Thailand, while Thailand will be a distribution channel for Montenegrin products to other Asian countries.

The Thai Premier also called for more exchanges of visits from high ranking officials of both nations.

Thailand-Montenegro diplomatic relations first started in 2007, while trade between the two accounted for 5.09 million US dollars in 2012. The main products exported to Montenegro are paper products, refined sugar, rubber products, textiles, rice, and canned and processed food.

Miss Yingluck and Prime Minister Milo also signed a memorandum of understanding (MoU) on visa exemptions for officials and diplomatic passport holders.