Pact key to India-Thailand bilateral trade

Calcutta: Bilateral trade figures between India and Thailand can reach $10 billion in three years if a free trade agreement between the two countries is on track.
The bilateral trade amount was $3.4 billion in the previous year. It is expected to reach $4 billion by the end of the year.
Thailand is interested in tourism, food processing and real estate industries of Bengal. Thai airline Nok Airways, which flies from Bangalore to Bangkok, is planning to start operating from the eastern region.
The Thai government has already urged India to increase flights from New Delhi to Bangkok to 14 a week from seven. Nilubol said this would boost tourist traffic between the two countries.
Preuksa Real Estate Public Company Ltd, a Thai construction firm, is going to look around New Town, Rajarhat, tomorrow. The company is interested in doing real estate projects in the city through joint ventures.
02/07/07 The Telegraph

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Categories: Foreign Jul 2007