PRESS RELEASE on TRCC Seminar on 22.07. 2016 in Pattaya

 

On July 22, 2016 the TRCC Seminar “Bridging Thailand and Russia” was held in  Royal Cliff Hotel, Pattaya. Honorary Consul of the Russian Federation for Chonburi and Rayong provinces Mrs. Panga Vathanakul and representative of Pattaya City Mayor Mr. Thanet Supornsahasrungsi addressed welcome remarks to the participants.

In his opening remark, Charge d’affairs a.i. of the Russian Federation in the Kingdom of Thailand  Mr.Vladimir Marchukov told about present state of the relations between the two countries: “Thailand remained our biggest trade partner in Southeast Asia. Last year the Russian-Thai bilateral trade was worth of $ 2.4 billion. Two-way investments are growing too. According to our estimate in 2015 total Russian investments into the Thai economy reached $ 500 million, while investments of the Thai companies in Russia exceeded the benchmark of                   $1 billion”.

 

 

The Seminar’s  participants showed a  great interest to the proposals of the President of the NGO Mr. Oleg Oleinik, on the 120-th anniversary of official relations between Russia and Thailand. The special interest of the audience was caused by the construction of the "Tower-flagpole "Friendship of peoples" in the territory of one of the most popular tourist clusters of Russiain the city-resort of Sochi. The tower is crowned by a Flagpole with a height of 110 meters, on which the flag area of 1200 sq. m. shall be installed.

DSC_0197The President of Thai-Russian Chamber of Commerce Dr. Sombat Thiratkoolchai, First Senior Vice-President of Kasikorn bank Mr. Pattanapong Tansomboon, adviser of  “CP Foods” company Mr. Kriangkrai Vuttivorakulchai, representative of Board of Investments of Thailand Ms. Nathareekon Saesubak also took the floor and delivered their reports and presentations

The Agreement on cooperation between the International Union of Ecologists, Industrialists and Entrepreneurs, Public Chamber of the Russian Federation and Thai-Russian Chamber of Commerce was signed. 

The event ended with the awarding ceremony of a number of Thai participants by diplomas of the International Union of Ecologists, Industrialists and Entrepreneurs for their contribution into development of cooperation between Russia and Thailand.

         We cordially congratulate TRCC members on awarding with the Internationals decoration in sphere of business– International Award of Ecologists, Industrialists and Businessmen “Global Business Brand – 2016” and “Grand Person of the Year 2016” and also Dr. Sombat Thiratkoolchai  with the  Order “For Contribution into the Science”.

 

The visit has become one more brick into the solid foundation of good relations of the two States. 

 

 

PRESS RELEASE

on the TRCC business matching  on July 21, 2016 in Bangkok

 

On July 20-25, 2016, the delegation of the International Union of Ecologists, Industrialists and Entrepreneurs headed by the President of the Union Mr. Oleg Oleinik, the representatives of the Public Chamber of the Russian Federation, the Ministry of industry and Commerce visited Thailand  at the official invitation of the President of Thai-Russian Chamber of Commerce Dr. Sombat Thiratkoolchai.

DSC_0300DSC_0300In the course of the visit, the Russian delegation had meetings and negotiations with the representatives of the Government Authorities and business community, arranged by Thai-Russian Chamber of Commerce in cooperation with the Trade Representation and the Embassy of Russia in Thailand.

 

On July 21, 2016 in Dusit Thani Hotel, Bangkok the Russian delegation and representatives of the Federation of Industries of Thailand, Chamber of Commerce of Thailand, Board of Investments of Thailand, Ministry of Commerce took part in the round-table “Russia-Thailand: horizons and mechanisms of  cooperation”. The discussions of the event attracted a close attention of business society of both countries

 

At the business matching in his welcome speech the Trade Representative of the Russian Federation Mr. Oleg Maslennikov noted that at present, the world economy is facing enormous challenges. Both Russia and Thailand are trying to accommodate their economies to the global market turbulence by restructuring economic systems, seeking new growth engines and exploring opportunities for better competiveness. We are making efforts to stimulate exports and consumption, to shape efficient innovation policies and to leapfrog to knowledge-based economies. As an example, Russia has recently launched Priority Development Zones with a special stress on the Far East while Thailand has established Special Economic Zones to lure foreign investments and develop territories of the country. Russia is open to dialogue and ready for any proposals of cooperation. 

 

The welcome address to the participants from the Russian Ministry of industry and commence  was delivered by Ms. Dina Djimbaldorjieva, director  of Asian countries’ department of the Ministry. In this address the Minister Mr. Denis Manturov wrote  that  the mutual trade between Russia and Thailand has seen a wave-like development for the last 5 years, the periods of a significant growth interchanged with the shrinking of trade. The reasons for the decrease in a bilateral volume of sales in 2015 were connected with a general situation in the global economy and the cut in prices for the main position of Russian export – crude oil.  At the same time positive tendencies are evident, for example, the export of the production with a high degree of processing grew 11,6 times. We consider that today there are favorable conditions for the achievement of the challenge, set by the heads of Russia-Thai governments, that is to increase the volume of bilateral mutual trade up to $10 billion. Today the nomenclature of Russian export deliveries to Thailand is extending.

Members of TRCC - TPI Plc., CPF, Loxley Plc., Creatus Corp, TPI Polene Co., Ltd and others took an active part in the business matching 

 

 

The Seminar “Thai-Russian Business, Investment &Cooperation” and the 10th Anniversary of TRCC on November 3rd, 2015 at Dusit Thani Hotel, Bangkok

 

 

The Seminar

Almost a year past after the Forum “Doing business in Russia” conducted by the Thai-Russian Chamber of Commerce (TRCC) and on 3-rd November in Dusit Thani Hotel, Bangkok there was a new event, which was also organized by TRCC the Seminar “Thai-Russian Business, Investment &Cooperation”

 

Participants: 

The event looked really  international  as collected  not only representatives from Thai Bankers Association, Board of Investment,  the Board of Trade of Thailand,  Russian Embassy and the  Russian Trade Representation, Tourism Authority of Thailand but also a lot of international guests from Singapore, Portugal, Finland, Laos, Estonia, Armenia – members of the  Joint Foreign Chamber of Commerce in Thailand. 

 

 

 There was a group of higher education institutions of Thailand:  Center for Russian Study – Chulalongkorn University, Department of Russian Language – Thammasart University, teachers from Ramkankheng University- academies, which have faculties of the Russian language and Russian studies. Guests from popular editions, such as Nation News Network, Co. Ltd., Russia Beyond the Headlines, The Phuket Gazette Co., Ltd., the Advertising Association of Thailand represented Mass Media.  And of course, a lot of participants from business circles- Thailand’s leading companies, SME, banks etc. Yes, it was crowed for sure! But atmosphere in the auditorium was friendly and functional.

 

Distinguished Speakers:

The Seminar was opened by H..E. Kirill Barsky, the Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Thailand, who informed about the present economic situation in Russia and focused on the bilateral business directions between Thailand and Russia. He delivered information on the most interesting projects of 2015 - on  C.P. Group which is exploring opportunities for investment into Russian agriculture doing feed production, pig fattening and recently started poultry business. Besides, CPF, which became known under the slogan “The Kitchen of the World” provides successful trade business in Russia. H..E. Kirill Barsky named “ Sutech Engineering Co., Ltd” created the project on construction of the sugar factory in the Russian Far East, which shall be supplied by sea with raw materials (sugar-cane) from Thailand. 

 

Photo: left – TRCC’s President, Dr. Sombat gave an objective of the event, right-Ambassador delivered the opening remarks.

 

The Russian Ambassador noted that Far East is the unique place for investors, as it offers lands, infrastructure and tax benefits for businessmen, Sutech’s  Far East investment is a good example as well as  CP Group, which  also plans  to expand agricultural activity in Far East.

 

 H.E. Kirill Barsky mentioned that Thailand’s people often claim on absence of appropriated information on Russian economy, business, culture, education etc. and gave a floor to Mr. Eugene Abov, Publisher of “Russia Beyond The Headlines”, the Vice President of the World Association of Newspapers and News Publishers, who said that this gap could be filled in by good cooperation between Russian and domestic print editions.  

Photo: left - Mr. Eugene Abov, Publisher of “Russia Beyond The Headlines”, right - Ms. Fawzia Modni, the former Associate Vice President   International Media Marketing of The Times Group

Russia Beyond The Headlines has two years of successful experience, it enjoys results of fruitful cooperation with the leading Thailand’s newspaper the Nation . Mr. E. Abov in his speech on “Current Images of Russia in Thailand & ASEAN” gave a clear picture of  such cooperation’s benefits. His speech was supported by Ms. Fawzia Modni, the former Associate Vice President   International Media Marketing of The Times Group, the leading media organization in India and Asia. She shared her professional experience, which covers print, television, radio, digital, seminars and conferences talked on long term cooperation with Russia Beyond The Headlines in India and success of collaboration with top world editions.

The bright color in the block of print media was painted by Mr. Pana Janwitness, President of Nation News Network Company. Taking about cooperation with Russian media, he expressed his vision of positive results of fruitful career of two newspapers and very positive comments on this matter from Thai and Russian readers.

If in simplified form we can disjoint the Seminar on two parts and say that the first one was devoted to print media, definitely, the second part was dedicated business projects. For example,  C.P. Group lifted the veil on its investment’s plan in Russia and presented the report on the topic ”the CPG Vision on Russian business development in 2015-2020”. Upon the authorization of  Mr. Nutthakrit Sivasri, Chairman (overseas operations) CP Group of companies,  Dr. Sombat Thiratrakoolchai, Senior Vice President CPF and the current president of TRCC told about plans to invest not only in Central part of Russia but also in Siberia and Far East.

 

 

Photo: left – Mr. Pana Janwitness, President of Nation News Network Company, right - Dr. Sombat Thiratrakoolchai, Senior Vice President CPF and the current president of TRCC

 

One more presentation attracted a special attention of the Seminar’s participants - the project created by The Thai-Sturgeon farm and Caviar House.  Mr.  Noppadon Khamsai, Managing director The Thai-Sturgeon farm told about the Russian project of sturgeon breeding, how the Kaspian Sea’s species sailed to Thailand and accustomed the Thais for black caviar. Five years ago together with the Russian partner Mr. Alexy Tyutin they established the Thai-Sturgeon company and constructed the sturgeon breeding farm in Hua-Hin and how they supply the Thai market with top quality black caviar.   In 2007 in Russia 10- years ban was imposed on sturgeon catch and black caviar export. At the same time demand for the black caviar is high as before and even more, after all the sturgeon population has decreased and it is getting harder to get it. Potential solution of the problem is aqua cultural fish breeding. The market situation began to change again because of the aquaculture development. The joint Russian-Thai project of the Thai-Sturgeon farm is a vivid example of breeding of unique aqua species and caviar already is available in some Five star hotels, best restaurants and a couple of retail nets. 

  

 

Photo: left-Mr.  Noppadon Khamsai, Managing director The Thai-Sturgeon, right- Mr. Visanu Jaroensilp, Deputy Governor for tourism products and business tourism of Tourism Authority of Thailand (TAT)

 

One more topic won a highest attention of listeners – “Russian tourists to come back to Thailand”. It was reported  by Mr. Visanu Jaroensilp, Deputy Governor for tourism products and business tourism of Tourism Authority of Thailand (TAT) , who represented  TAT in Russia during four years and did know the matter from inside and outside.  Mr. Visanu Jaroensilp  said that last year  1, 730, 000 Russian tourists visited Thailand but due to a serious fall  of the Russian currency’s value  to US Dollar the number of Russian tourists was decreased  on 48% but five star hotels lost 10-15% of the Russians only.  TAT expects some revival on the market of tourism in December 2015-February 2016 as operators inform on growing interest of the Russians for the  pick season this year. He concluded that Tourism Authority of Thailand predicts the following figures- 1 million tourists from Russia in 2015 and 1, 2 million in 2016. At present TAT is working under new programs for Russian tourists including tour destinations, guide service and directs currency exchange from Rubles into Thai baht.

 

The topic of direct currency exchange also was included into presentation “Economic relations between Thailand and Russia”, delivered by Dr. Siwat Luangsomboon, Head-Research of Kasikorn bank Plc.   I want to say that directs Rubles to Baht exchange is one of the most important topics, widely discussed in business society as it is a key factor in financial relations and transactions in a trade between Thailand and Russia.   Absence of appropriate financial mechanisms is an obstacle in bilateral trade and investments. Russian state agencies and banking structures, including the Central Bank of Russia and a number of private banks, welcome the establishment of correspondent relations between banking institutions of both countries, the opening of branches of Thai banks in Moscow and other Russian cities, transition to a new system of transactions in national currencies, swap arrangements etc. The leading Thailand’s bank - Kasikorn bank (Thai farmers’ bank) plans to establish a branch in Russia in a close future.

Photo: Dr. Siwat Luangsomboon, Head-Research of Kasikorn bank Plc.

 

The seminar ended with a very fruitful Q&A session where participants shared their experiences about doing business in Thailand and Russia, as well as thanks for the organizers for putting together this event.

 

 

No doubt, the outcome from the seminar is the point-of-departure to a strong ignition of the Thai and Russian business-communities to stand up and shake the unfortunate slow-pace of economic growth, and starting to speed up into a bigger scale of trade and investment between the two countries.

 

We need more attention, we need more movement, and we need more interaction between the business sectors of the two countries. Now the world economic is in a slow pace, but let’s prepare ourselves to be ready for the faster pace when the economic is picked up in few years.  Do not wait to drain-off, but be always active and be ready to execute, when the time comes! We do need cooperation from everyone. 

 

2. The 10th Anniversary of the Establishment of the Thai-Russian Chamber of Commerce

 

In the evening of November 3rd, 2015, The Thai-Russian Chamber of Commerce had organized its 10th Anniversary of the establishment. This events were warmly organized with participants who has been giving great support to TRCC. The event started with a warm welcome by TRCC’s former first and second president, Mr. Chusak Direkwattanachai (2005-2009) and Mr. Phisak  Nivataphand (2010-2013), followed by a brief introduction TRCC and its previous activities summarized by current President of TRCC, Dr. Sombat Thiratrakoolchai. 

 

 

Photo: 1 from left- Mr. Chusak Direkwattanachai (TRCC’s 1st President), 2 - Mr. Phisak  Nivataphand (TRCC’s 2nd  President), and 3 - Dr. Sombat Thiratrakoolchai (Current and 3rd President of TRCC)

 

Atmosphere of the Anniversary

 

The event ended successfully with reception dinner where participants had a chance to enjoy some Russian food and vodka, together with a warm networking interactions between one another.

 

....................................................................................................................................................................................................................................................................

 

Thai-Russian Chamber of Commerce hosted JFCCT’s President Council Luncheon

on June 17th, 2015 at Sheraton Grande Sukhumvit, Bangkok

 

                                                       Dr. Sombat Thiratrakoolchai (front row, 5th from the left), Chairman of Thai-Russian Chamber of Commerce, attended the JFCCT’s President Council Luncheon.                              Participants in this  meeting included presidents from various foreign chambers of commerce, as well as distinguish guests from the Embassy of the Russian Federation in Thailand, H.E. Dr. Kirill Barsky (front row, 6th from left). The meeting was summoned by Chairman of JFCCT, Standley Kang (front row, 7th from the left) on June 17th, 2015

 

 

 

 

 

 

Events in 2014-2015

 

Russian-Thai talks and results

 

Prime Minister Dmitry Medvedev and the Russian high ranging officials  met with the Prime Minister of Thailand Prayut Chan-Ocoi,and Thai ministers. The meeting took place on 8 April 2015 in Bangkok. The parties discussed prospects of development of bilateral relations and practical mechanisms for expanding  of  trade, economic and investment ties between Russia and Thailand.

The  minister of industry and commerce Denis Maturov also participated in the negotiations and said: “We aim to make a breakthrough in the Russian -Thai relations. The most important strategic objective for strengthening them is the increase of trade turnover between our two countries up to $ 10 billion by 2020. Based on the recent Russia imposed an embargo on the import of raw materials and food from certain countries opened a great opportunity to strengthen the position of Thai manufacturers in the Russian market”.

According to the Minister of industry and commerce , a promising area of bilateral cooperation in the conditions of substitution of supply of agricultural products from several countries is the increase in the import of fruit and vegetable, meat and fish products from Thailand.

 

The Thai side has shown interest in the development of the domestic railway network by the future of rail transport corridors through the territory of neighboring States. Russian companies are ready to apply their experience of implementation of major infrastructure projects and to join the projects of railway construction in Thailand, and to participate in the supply of freight rolling stock, railway track-laying and road construction equipment.

The most important direction is the cooperation in the field of exhibition activity.  The Minister of industry and trade has invited Thai colleagues at the St. Petersburg international economic forum and the International industrial exhibition "INNOPROM" in Yekaterinburg, and also announced plans for the organization of the Russian exposition with the participation of specialized domestic companies in the International industrial exhibition Thailand Industrial Fair in 2017 in Bangkok.

Both sides noted the high potential for the development of bilateral investment cooperation, which is currently being already actively developed.

 

Ambassador of Russia presented the Letters of Credence
to His Royal Highness Crown Prince
 

 

 

 

On March 7, 2015 H.E. Mr. Kirill Barsky, Ambassador of the Russian Federation to the Kingdom of Thailand, presented the Letters of Credence to His Royal Highness Crown Prince Maha Vajiralongkorn at Ambara Royal Palace. His Royal Highness, graciously designated by His Majesty King Bhumibol Adulyadej to receive the Letters of Credence, handed to the Ambassador the Royal Reply and wished him success in his work at this important and responsible position. 

 

 

Russian Ambassador met Deputy Minister of Agriculture and 
Cooperatives of Thailand

 

Prior the official visit of the minister of agriculture and cooperatives of Thailand  in Russia H.E. Kirill Barsky, Ambassador of the Russian Federation to the Kingdom of Thailand, met Mr. Amnuay Patise, Deputy Minister of Agriculture and Cooperatives of the Kingdom of Thailand on February 3, 2015. Both sides expressed satisfaction with the growth of mutual shipments of agricultural products. The volume of trade in agricultural items between Russia and Thailand in 11 months of 2014 increased by 5,7% with the exports of Thai rice to Russia increased by 192,4%.

During the meeting topical issues of cooperation between Russia and Thailand in the sphere of agriculture were discussed.

 

 

 

On photo: The Russian Ambassador to Thailand Mr. Kirill Barsky and  Deputy Minister of Agriculture and Cooperatives of Thailand Mr. Amnuay Patise

 

On photo: Negotiations’ process: The Russian Ambassador to Thailand Mr. Kirill Barsky and  Deputy Minister of Agriculture and Cooperatives of Thailand Mr. Amnuay Patise and Director of the Center of Russian Studies Dr.Rom.

 

Russian Ambassador was received by Minister of Foreign Affairs of Thailand

 

On January 14, 2015 H.E. Kirill Barsky, Ambassador of the Russian Federation to the Kingdom of Thailand, was received by General Tanasak Patimapragorn, Deputy Prime-Minister, Minister of Foreign Affairs of the Kingdom of Thailand, who also holds a post of the co-chairman of the Russian-Thai Joint Commission on bilateral cooperation. T.Patimapragorn considers Russia as an important partner of Thailand and expects that cooperation between Moscow and Bangkok, which corresponds to the interests of both countries, will get further development. The Minister expressed satisfaction with the results of the visit of Mr. Denis V. Manturov, Minister of Industry and Trade of the Russian Federation to Thailand on January 9, 2015 and expressed his hope that the high dynamics in bilateral cooperation will be maintained. The parties will continue joint efforts to promote Russian-Thai practical cooperation in various spheres and will expand coordination between the two countries in international and regional affairs. 

 

 

 

On photo: Negotiations’ process: The Russian Ambassador to Thailand Mr. Kirill Barsky and  General Tanasak Patimapragorn, Deputy Prime-Minister, Minister of Foreign Affairs of Thailand

 

OFFICIAL VISIT OF DENIS MANTUROV, MINISTER OF INDUSTRY AND COMMERCE  OF THE RUSSIAN FEDERATION TO THE KINGDOM OF THAILAND

 

 

 

On January 9, 2015 H.E. Mr. Denis Manturov, Minister of Industry and Trade of the Russian Federation, paid an official visit to the Kingdom of Thailand on invitation of Deputy Prime-Minister and Minister of Foreign Affairs of the Kingdom of Thailand H.E. Gen. Tanasak Patimapragon.
The main goal of the visit was to conduct a meeting of Co-Chairs of the Joint Russian-Thai Commission on Bilateral Cooperation. H.E. Mr. Denis Manturov and H.E. Gen. Tanasak Patimapragon reviewed the preparation to the Sixth Session of the Joint Commission to be held in summer 2015 in Russia.

 

 



   H.E. Mr. Denis Manturov was received by H.E. Gen. Prayut Chan-o-cha, Prime-Minister of the Kingdom of Thailand. Prime Minister Gen Prawit suggested both sides form a joint working group to consider Thai weaponry needs and that Russia consider countertrade deals for Thai farm products for mutual benefit. He also had meetings with Minister of Defense H.E. Gen. Prawit Wongsuwon, Minister of Industry H.E. Mr. Chakramon Phasukavanich and Minister of Commerce H.E. Gen. Chatchai Sarikalya.

 

 

 

The negotiations were focused on elaboration of ways of further increasing the bilateral trade turnover which enjoyed 14,3% growth in 2014, as well as on enhancing interaction in the spheres of innovations, technology transfer, transport, energy, infrastructure development, pharmaceutical industry, agriculture, military and technical cooperation, inter-regional ties, improvement of mutual trade payment system and banking cooperation.

  

     

 

Russian Industry and Trade Minister Denis Manturov has proposed military cooperation with Thailand and has also expressed interest in buying a lot of Thai rubber, officials say. In talks on Friday with Deputy Prime Minister and Defense Minister Prawit Wongsuwon, Mr Manturov proposed military cooperation that would cover personnel development, technological transfer and weaponry procurement 

 

 

On photos hereby: The Russian Minister of Industry and Trade Denis Manturov with the Thai Prime minister Gen. Prayut Chan-o-cha, Deputy Prime-Minister and Minister of Foreign Affairs of Thailand Gen. Tanasak Patimapragon, Deputy Prime Minister and Defense Minister Prawit Wongsuwon, Minister of Industry  Chakramon Phasukavanich and Minister of Commerce Gen. Chatchai Sarikalya.

 

    

 

 https://www.youtube.com/watch?v=V2sOEb-Tfmo&sns=fb

นายเดนิส แมนทูรอฟ (H.E. Mr. Denis V. Manturov) รัฐมนตรีว่าการกระทรวงอุตสาหกรรมและการค้า­สหพันธ์รัสเซีย และประธานร่วมการประชุมคณะกรรมาธิการร่วมว­่าด้วยความร่วมมือทวิภาคีไทย-รัสเซีย ครั้งที่ 6 เข้าเยี่ยมคารวะนายกรัฐมนตรี

 

RUSSIAN PRIME MINISTER DMITRY MEDVEDEV MET THAI PRIME MINISTER GEN.PRAYUT CHAN-O-CHA

 

 

  

  

       

 

On November 12, 2014 Mr. Dmitry Medvedev, Prime Minister of the Russian Federation, had a bilateral meeting with Mr.Prayut Chan-o-cha, Prime Minister of the Kingdom of Thailand, on the sidelines of the East Asia Summit in Nay Pyi Taw, Myanmar.

The Heads of Governments highlighted the long-standing, deep and friendly relations between Russia and Thailand. Mr. Medvedev stressed that Russia views Thailand as a very important partner in South-East Asia.

Mr. Medvedev and Mr. Chan-o-cha expressed their satisfaction with the steady growth of bilateral trade volume which has surged by two and a half times for the last five years and in 2013 reached USD 3.3 billion. The two leaders agreed to take joint efforts aimed at further strengthening of economic cooperation between Russia and Thailand. They believe that current situation in the world economy and opportunities on the national markets of the two countries provide favorable conditions for that. Mr. Chan-o-cha reconfirmed Thailand’s commitment to the goal of upgrading the bilateral trade turnover to USD 10 billion in 2016.

Tourism will remain a significant area of cooperation between Russia and Thailand. In 2013 about 1.7 million Russian tourists visited Thailand which is now linked with a dozen cities across Russia by 60 flights per week.

Both Prime Ministers attach great importance to the forthcoming commemoration of the 120th anniversary of the establishment of the diplomatic relations between Russia and Thailand in 2017. Large-scale celebrations will be arranged.  Mr. Medvedev invited Mr. Chan-o-cha to visit the Russian Federation. 


 

 

 

                                       

  The second meeting of Russian –Thai committee on trade and cooperation shall take place in November 2014 in Moscow 

 

 In Nay Pyi Taw (Myanmar), the Minister of economic development of the Russian Federation Mr. Alexei Ulyukayev had the meeting with the permanent Secretary of the Ministry of Commerce of Thailand Mr. Cutemol Bunyapraphatsara in a frame of consultations of the Ministers of economy of the ASEAN-Russia.
The head of the Russian delegation underlined that "Thailand is one of the most important trade partners of Russia in South-East Asia, and we attach great importance to the development of the Russian-Thai trade and economic relations".
For the period from January to June 2014, the trade turnover between Russia and Thailand reached $1, 87 billion dollars, which is 11.0% over the same period of 2013, Increasing Russian exports to Thailand amounted at the end of six months $734, 8 million dollars. Russian imports, movable Thai machinery and equipment, chemical products and food products reached already $1 143, 0 million dollars

"Construction of a reliable and mutually beneficial cooperation between our countries is our priority, I think the intensified work of the joint Russian-Thai Commission on bilateral cooperation, its content projects of bilateral trade and investment", - Mr. Alexei Ulyukayev said.
At the meeting, the Ministers agreed to hold the 2-nd meeting of the Committee on trade and economic cooperation in November 2014 in Moscow.
" Investment cooperation between Russia and Thailand is being developed successfully. It is gratifying that the geography of Thai investment is expanding, and the lion's share accounts for agriculture”,- minister Mr.  Alexei Ulyukayev said, paying a special attention that Russia is ready to consider the possibility of substitution of the missing supplies products Thai manufacturers.

 

  

                                              Consultation of Ministers of economy on dialogue partnership Russia - ASEAN

 

Minister of economic development Mr. Alexei Ulyukayev took part in the third Consultation of Ministers of economy on dialogue partnership Russia - ASEAN (Association of South-East Asia), which was held in Nay Pyi Taw (Myanmar). The consultations were chaired by the Minister of national planning and economic development of Myanmar Mr. Kan Zo and the Minister of economic development of the Russian Federation Mr. Alexei Ylyukaev. The meeting was attended by Ministers in charge of economy and trade of all countries of the Association.

 

 

 

"Russia's foreign trade turnover with the countries of ASEAN is growing rapidly,"  the head of the Russian Ministry of economic development Mr. Alexei Ulyukayev said. According to him, in 2013 this indicator reached  $17.5 billion dollars (an increase compared with the end of 2012 amounted to 12.1%), including export amounted to $8.5 billion dollars (an increase of 16.3%), import  $ 9.0 billion dollars (an increase of 8.3 %). "This year we have already passed that figure. And by the end of 2014 figure could rise by 6% compared with last year," the Minister noted.

 

  According to him, we face the growth of trade in 6%, which is higher than the world rate. The volume of Russian exports increased by 16.6% and amounted to $4.7 billion dollars, while Russian imports declined by 3.7% to $4.1 billion dollars.Speaking during the meeting, the ASEAN Ministers noted the progress in the implementation of the Working Program on the implementation of the roadmap of trade-economic and investment cooperation between Russia and ASEAN, the results of the sixth consultation of senior officials of the ASEAN-Russia. As a positive example of enhanced cooperation cited the results of Russian business mission, which took place in March 2013 in ASEAN countries (Indonesia, Malaysia and Singapore).
In addition, there was considered and approved an updated version of the Work program, based on the Russian proposals in the framework of sectorial cooperation, as well as project activities Dialog of partnership Russia - ASEAN. The Russian project proposal cover areas such as the use of navigation technologies and remote sensing, nanotechnology, cooperation in education, tourism, small and medium enterprises, renewable energy and the development of air transport.

  

According to the minister, Russia and ASEAN countries should make greater efforts in the development of investment cooperation. "Today, the total investments of Russia in ASEAN countries amount to $ 1.6 billion, and they can be much higher," he added. So, according to him, the planned Russian investments in projects with Vietnam are estimated at $ 20 billion dollars, with Indonesia is of about $ 7 billion.
Partners in ASEAN has also approved the Russian proposal to introduce "project application" to the Road map, which includes 44 projects trade and economic cooperation in trade, investment and tourism offered by Russian companies. In particular, they talked about the participation in projects supply of liquefied gas and crude oil, vehicles, aircraft and helicopters, vaccines, software, and development of joint ventures for the development of medical equipment, veterinary vaccines, electronic components and other

 

  Minister Mr. Alexei Ulyukayev suggested that the ASEAN countries to increase exports of agricultural products in the Russian Federation. "I would like to draw your attention to the opening for ASEAN opportunities for supply of agricultural products. It is, in particular, on fresh vegetables, fruits. We're very familiar with the high quality standards of agricultural production in your countries, and we will welcome the export of your products in Russia, including, nuts, beef, pork and chicken,"  the minister said. It is not excluded that the "project application" will be expanded through counter-offers from ASEAN countries. Work on the implementation of projects included in the application, will be continued in 2015.

 

  In addition, the meeting also approved a Russian proposal for development cooperation in the field of electronic Commerce. In particular, Russia proposed to establish an Expert dialogue on electronic Commerce of the ASEAN-Russia. In the framework of this direction, the parties agreed to hold the respective seminar with participation of experts of the Association and Russia to exchange experience in the area of approaches to e-Commerce in different countries of ASEAN, as well as identify further steps for the development of this direction of cooperation.

 

 

 

 


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