Thai trade delegation to visit Maldives

Thailand’s Prime Minister Yingluck Shinawatra will be part of an official delegation set to visit both Sri Lanka and the Maldives over the next three days to discuss boosting trade relations, according to media reports.

During the trip, which begins tomorrow (May 31) and will end Sunday (June 2), the Thai delegation will look to double trade and investment with the Maldives and Sri Lanka over the next five years, the state-run National News Bureau of Thailand (NNBT) has said.

Whilst in the Maldives, Thailand’s Commerce Ministry is expected to sign agreements to strengthen trade and economic cooperation with the country, while also looking at potential collaborations in areas such as tourism, education and healthcare.

NNBT quoted Commerce Minister Boonsong Teriyapirom as saying that the Maldives was presently Thailand’s 104th largest partner in terms of trade, with existing agreements worth an estimated 40.33 million Baht (MVR 20.5 million) to the country.