Thailand and Mongolia aim to double trade in next 3 years

 

Thailand has set a goal to double the Thai-Mongolian trade value in the next three years and expressed readiness to help Mongolia in various fields.

Speaking about her recent visit to Mongolia, Prime Minister Yingluck Shinawatra said Mongolia is an interesting country for business investment. Prime Minister Yingluck said, to achieve the goal of doubled trade value, the two countries would strengthen ties in terms of trade, investment, science, education, public health and tourism. Thailand would also promote investment in mining in Mongolia.

Ms. Yingluck added that Thailand would give Mongolia its tourism know-how for the production of personnel in the hospitality sector, adding one of the initiatives between the two countries was to develop dual degrees together.

Mongolia was keen to allow direct Thai flights Mongolia with hopes of boosting business between them. The two countries would also develop alternative energies and promote the use of Thai silk to make apparel.

 

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