ASEAN KEY DESTINATIONS
Thais look at border trade
Deputy Commerce Minister Alongkorn Ponlaboot said the government wanted to take a first-hand look at the land transport development linking Thailand, Cambodia and Vietnam so that the three countries could jointly address any problems and move ahead.
Participants in the three-day trip are also scheduled to survey proposed locations for special economic zones at Watthana Nakhon and Aranyaprathet districts in Sa Kaeo.
The zones would be jointly developed by the Thai and Cambodian governments to promote more border trade.
Cross-border trade between Thailand and Cambodia totaled US$1.66 billion last year, with Thailand enjoying a huge surplus of US$1.5 billion.
For the first seven months of this year, border trade between the two nations expanded 76.1 percent to US$1.6 billion, with Thai exports amounting to US$1.47 billion.
Overland trade between Thailand and Vietnam last year totaled US$6.1 billion, US$4.67 billion of which came from Thai exports. For the first seven
months, the value rose 27 percent year-on-year to US$3.92 billion, including Thai exports worth US$3.14 billion.
Border trade between Thailand and all of its neighbours totaled 639 billion baht in 2009, down by 10.4 percent from a year earlier. Thailand's exports
dropped by 10.8% to 366 billion baht, with imports down 9.8 percent to 273 billion, Foreign Trade Department statistics show.
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