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Thailand and Russia to promote cooperation on trade and investment

On 7 October 2011, Mr. Alexander Mariyasov, Russian Ambassador to Thailand, paid a courtesy call on Foreign Minister Surapong Tovichakchaikul and discussed means to enhance bilateral cooperation at all levels. Both sides also discussed preparations for the Celebration to mark the 115th Anniversary of the Establishment of Diplomatic Relations between Thailand and Russia in 2012.

In their meeting, the Thai Foreign Minister told the Russian Ambassador that he was pleased to meet the Russian Foreign Minister during the 66th Session of the United Nation General Assembly (UNGA) in New York. Foreign Minister Surapong expressed Thailandís readiness to promote close cooperation with Russia on trade and investment and highlighted Thailandís interest in seeking new markets for its agricultural products and food as well as in developing further military cooperation in terms of exchanging knowledge on military equipment and technology. Additionally, the Foreign Minister hoped that the Fifth Joint Thai-Russian Commission on Bilateral Cooperation (JC) could be held at the earliest opportunity. Foreign Minister Surapong also extended his appreciation to the Russian President for his condolence on the recent floods in Thailand.

The Russian Ambassador reaffirmed Russiaís commitment to continue cooperation on trade with Thailand. In this connection, the trade volume between Thailand and Russia has reached USD 4 billion last year and is expected to increase up to USD 6 million in the future. Furthermore, the Ambassador noted that Thailand and Russia would mutually benefit from more cooperation in several areas such as science, information and communication technology and energy. On regional issue, the Russian Ambassador also reiterated the importance attached by Russia to the Asia-Pacific region, noting that it would host the Asia-Pacific Economic Cooperation (APEC) in 2012.

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