Wednesday, 16 February 2011

Thailand-Cambodia To Carry On Bilateral Links Despite Border Dispute

via CAAI

BANGKOK, Feb 16 (Bernama) -- Thai Deputy Commerce Minister Alongkorn Ponlaboot said that the bilateral trade between Thailand and Cambodia will continue despite the ongoing border rows between the two neighbouring countries, Thai News Agency reports Wednesday.

Alongkorn has confirmed that he and Thai Deputy Prime Minister Trairong Suwannakhiri will pay an official visit to Cambodia from February 17 to 20, to open a Thai trade fair as well as to attend a meeting of the Thai-Cambodian Business Council.

The bilateral trade is held in parallel with attempts to resolve political woes related to unsettled border issues, he said.

Both the Thai leaders are scheduled to meet Cambodian Prime Minister Hun Sen in Phnom Penh on February 17 to discuss on bilateral trade and other issues under cooperative frameworks of the Association of Southeast Asian Nations (ASEAN) in preparation for the formation of the ASEAN Economic Community (AEC) by 2015.

"I believe that the demand for Thai products in Cambodia remains high, and therefore I will raise measures to further promote bilateral trade with Cambodia, particularly border trade during ministerial level talks," he said.

The two-way trade between Thailand and Cambodia reached over 81 billion baht US$2.64 billion) last year, a 40 percent year-on-year surge.

The border trade accounted for 50 billion baht (US$1.63 billion) (US$1= 30.66 baht).


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