Russia, Thailand planning to boost trade turnover from $5 bln to $10 bln already next year

Russia and Thailand intend in a year's time to double mutual trade turnover, Thai Prime Minister Prayut Chan-o-cha said.

Russia and Thailand intend in a year's time to double mutual trade turnover, Thai Prime Minister Prayut Chan-o-cha said.

"We will do everything necessary for the growth of our trade turnover and we intend to raise it from the current 5 billion to 10 billion dollars already next year," the Thai prime minister said at a press conference on the results of talks with Russian Prime Minister Dmitry Medvedev.

Medvedev said that for 2014, although there were problems for the global economy, bilateral trade turnover rose by practically 20% and amounted to between $4 billion and $5 billion, according to various estimates.

"This positive performance is being maintained, but we really would like to reach 10 billion dollars, and for that we need to lift existing trade barriers and increase cooperation," Medvedev said.

 

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