Leap for Thailand-Japan economic cooperation at APEC meeting

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MANILA – Thailand and Japan agreed to enhance mutual economic cooperation at the APEC ministerial meeting, in preparation for the Thailand-Japan High Level Joint Commission’s meeting due to commence later this month. 

The Minister of Commerce Apiradi Tantraporn hosted a bilateral discussion with the newly appointed Minister of Economy, Trade and Industry of Japan Motoo Hayashi at the Asia-Pacific Economic Cooperation (APEC) Summit in Manila, the Philippines.

On this occasion, both Thai and Japanese officials discussed matters within the Japan-Thailand Economic Partnership Agreement (JTEPA), agreeing to further expand mutual trade and to open additional trading channels for new opportunities.

Both sides agreed to provide more information to the private sector to encourage more investments, while Thailand is now working to develop the business environment to attract more investment.

Thailand’s Deputy Prime Minister Somkid Jatusripitak is set to visit Japan to attend the High Level Joint Commission meeting during 25-28 November 2015, where he will inform his Japanese counterparts on the Kingdom’s important economic strategies, as well as the new Super Cluster policy to encourage more investment in Thailand.