TRCC

TRCC Business Matching

July 21st, 2016 at Dusit Thani Hotel, 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 Thiratrakoolchai.

In 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 Thai Industries, the Thai Chamber of Commerce, 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 Commerce 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.
From Left: Dr. Sombat – President of TRCC, Mr. Oleg Oleinik - representatives of the Public Chamber of the Russian Federation and Ms. Dina – Representative from Russian Ministry of Industry and Commerce
The President of Thai-Russian Chamber of Commerce, Dr. Sombat Thiratrakoolchai, Mr. Noppadon Khamsai, Managing Director of Thai Sturgeon Farm Co., Ltd., Ms. Aleksandra Agapitova, Development Director of Alpha Trade International Co., Ltd., First Senior Vice-President of Kasikornbank, Mr. Pattanapong Tansomboon, representative of Board of Investments of Thailand, Ms. Nathareekon Saesubak, Mr. Sanpech Supabowornsthian, President of Thai Hotels Association Eastern Chapteralso and Ms. Aekthida Vongkamhang, Director of European Affairs Division, Department of International Trade Promotion and Mr. Vitaly Kisselev, Vice President of TRCC, also took the floor and delivered their reports and presentations.
From Left: Dr. Sombat – President of TRCC, Mr. Oleg Oleinik - representatives of the Public Chamber of the Russian Federation and Ms. Dina – Representative from Russian Ministry of Industry and Commerce
Members of TRCC - TPI Plc., CPF, Loxley Plc., TPI Polene Co., Ltd and others took an active part in the business matching.We would like to thank all the participants and delegations for help putting together this fruitful event.
THAI-RUSSIAN CHAMBER OF COMMERCE
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