Minister Uraloglu: Our trade volume with Thailand reached $1.8 billion

Minister of Transport and Infrastructure Abdulkadir Uraloglu stated that the trade volume between Turkiye and Thailand reached $1.8 billion in the 9 months of this year and said, “We continue our efforts to grow our trade in a balanced manner and increase mutual investments.”

Minister Uraloglu said that at the National Day Reception of the Kingdom of Thailand held at Cankaya Municipality Zubeyde Hanim Social Facilities, it is the 100th anniversary of the establishment of the Republic of Turkiye and also the 65th anniversary of the establishment of diplomatic relations with Thailand.

Uraloglu pointed out that the relations between the two countries continued to develop in various fields on the basis of friendship and mutual benefit, following the opening of the embassies. “The Joint Action Plan (2023-2028), signed during the visit of the then Thai Deputy Prime Minister and Minister of Foreign Affairs to our country last January, offers us a road map in this sense. We believe that the continuation of high-level visits increasingly in the coming period is important in terms of enriching this road map with concrete cooperation projects.”

“We continue our efforts to increase investments”

Uraloglu stated that the trade volume between the two countries is growing rapidly and said, “Our trade volume between Turkiye and Thailand, which was around $200 million in 2002, reached $1.8 billion in the 9 months of this year. We continue our efforts to ensure balanced growth of our trade and increase mutual investments.”

Pointing out that THY’s direct Istanbul-Bangkok and Istanbul-Phuket flights serve as a bridge in developing economic relations, Uraloglu emphasized that Thai students studying in the country also have an important place in advancing bilateral ties. Uraloglu also emphasized the importance of developing relations in the field of defense industry and security.

Uraloglu stated that they attach importance to strengthening relations with the Asia-Pacific region and said, “In this context, we aim to further develop our cooperation with Thailand on a bilateral basis as well as on multilateral platforms such as the UN and the Association of Southeast Asian Nations (ASEAN), with which we are a sectoral dialogue partner. I believe that at a time when global and regional challenges are increasing, our close cooperation will be diversified and strengthened through our joint efforts.”

On the other hand, Uraloglu expressed his gratitude for the support and solidarity of the Thai government and people after the Kahramanmaras-centered earthquakes that occurred on February 6.

Source: Trthaber / Prepared by Irem Yildiz

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