Thailand seeks to bolster trade ties with the UAE

14 December 2011

Wednesday, 14 December 2011 at 16:18, Joyce Njeri, Dubai

Thailand is pulling out all the stops at this year’s Global Village Fair in Dubai, in a bid to lure and attract the show goers to sample its wide array of authentic products that are being showcased at the country’s pavilion.

The move also aims at bolstering bilateral investment and partnership with the UAE, with which it has long enjoyed close relations since the establishment of diplomatic relations in 1975. The Southeast Asian country has two diplomatic missions in the Emirates, with the main Royal Thai Embassy located in Abu Dhabi and the Royal Thai Consulate-General in Dubai.

Speaking to during the official opening of the pavilion, the Chairman of the Thai Business Council (TBC) in the UAE, Chalermpol Hoon, said the close ties has led to the UAE becoming Thailand’s number-one trading partner in the Middle East, with more than $11 billion in bilateral trade volume.

“In addition to the export trade between these countries, Thailand is also the major destination of more than 150,000 tourists from the Emirates each year, who visit the Asian country mainly for cultural or medical tourism,” Chalermpol said.