Thailand, China plan to double bilateral trade in next three years
Thailand and China will form a joint committee to remove trade barriers between the two nations in order to lift two-way trade to 120 billion USD in the next three years, nearly doubling the current figure of 67 billion USD, Thai media reported.
Bangkok(VNA) - Thailand and China will forma joint committee to remove trade barriers between the two nations in order tolift two-way trade to 120 billion USD in the next three years, nearly doublingthe current figure of 67 billion USD, Thai media reported.
As scheduled, leaders of the two commerce ministries will discussstrategic issues that affect bilateral trade ties in all respects at the 6thMeeting of the Thailand-China Joint Committee on Trade, Investment and EconomicCooperation in Thailand in February.
According to Thai Minister of Industry Uttama Savanayana, the Thai government hasplanned to attract Chinese investors in projects in the Eastern EconomicCorridor (EEC) area.
🅷 Investment promotion programmes will be mappedout in line with China's One Belt, One Road initiative, he said.
The government wants to propel the country's economy towards Industry4.0, which aims to upgrade the industrial sector through the use of hightechnology, he added. On January 15, Thai Deputy Prime Minister Somkid Jatusripitak held aworking session with officials from the Thai Ministry of Industry to debate waysto lure more investments in the EEC area. The flow of investment into the area is hoped to increase the country’s economicgrowth by 5 percent in the next five years, helping Thailand escape the middle incometrap.-VNA
Thai Prime Minister Prayut Chan-ocha and Chinese President Xi Jinping have discussed measures to tighten bilateral ties, especially in boosting regional connectivity through roads and along the Mekong River.
Construction of the first section of the Thailand-China high-speed railway will begin in November although there is still a problem with an environmental impact assessment study, Thai Transport Minister Arkhom Termpittayapaisith confirmed on October 16.
Thailand and China on December 21 kicked off the construction of a high-speed railway project’s first route from Bangkok to Thailand’s northeastern province of Nakhon Ratchasima.
Total trade between Indonesia and New Zealand in the first half of 2025 reached 963.23 million USD, an increase of 21.56% compared to 792.39 million USD in the same period last year. Of this amount, Indonesia's exports to New Zealand totaled 374.89 million USD, while imports 588.35 million USD
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
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The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Illustrative photo (Source: Internet) 
