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Indo-Thai trade to touch USD 10 bn in three yrs

Vice-Chairman of the Board of Trade of Thailand says bilateral trade between India and Thailand was expected to touch USD 10 billion in the next three years.

business Updated: Jul 02, 2007 17:24 IST

PTI
Hindustantimes
         

Bilateral trade between India and Thailand was expected to touch USD 10 billion in the next three years from the current USD 3.4 billion, Vice-Chairman of the Board of Trade of Thailand Somkiat Anuras said on Monday.

The volume of two-way trade would touch USD four billion in the current financial year, Anuras told reporters on the sidelines of a seminar on 'Emerging opportunities post FTA' organised by FICCI in Kolkata.

He said bilateral trade would get a boost once the free trade agreement (FTA) between India and Thailand was signed.

Anuras said Thailand would have to do a lot of homework to take the volume of bilateral trade to a satisfactory point.

First Published: Jul 02, 2007 17:16 IST