Thailand and New Zealand to double bilateral trade value in 5 years


BANGKOK, 19 March 2015 -Thailand and New Zealand have agreed to double their bilateral trade volume in 5 years.

The cooperation was highlighted at the meeting between Deputy Prime Minister and Foreign Minister General Tanasak Patimapragorn and newly-appointed New Zealand ambassador to Thailand Reuben Levermore. The envoy paid a courtesy call on Gen. Tanasak on the occasion of his assumption of the post.

At the discussion, both sides agreed to push for greater cooperation under the existing framework of ‘Thailand-New Zealand Closer Economic Partnership’ agreement which was inked in 2005. The two countries on this occasion set an aim to double bilateral trade value by 2020.

General Tanasak also told the New Zealand ambassador Thailand’s readiness to support the latter in holding activities to celebrate the 40th anniversary of diplomatic relations between the two countries next year.

In other cooperation areas, Thailand will co host a ‘Senior Officials’ Talk’ with New Zealand in June while General Tanasak will be attending the ‘Thailand-New Zealand joint Commission Meeting’ in New Zealand.