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Long-Term Program on the Development of Thailand – China Relations

October 16, 2013 Destination Thailand No Comments Email Email

A Joint Press Statement on Long-Term Program on the Development of Thailand – China Relations was issued on the occasion of the official visit to Thailand of Mr. Li Keqiang, Premier of the State Council of the People’s Republic of China from 11 to 13 October 2013.
1328792611pIn the statement, Thailand reaffirmed its adherence to the One China policy, and its full support for the peaceful development of Cross-Strait relations and the peaceful reunification of China. The two sides reaffirmed their desire to achieve bilateral trade target of 100 billion US dollars in 2015. As a consequence, they agreed that their trade and economic partnership shall continue to be guided by the Five-Year Development Plan on Trade and Economic Cooperation.

Thailand and China agreed to enhance closer cooperation on industry and investment on rubber industry, bio-plastic industry and green industry. They also agreed to jointly exchange practices and experiences on environmental management, green supply chain management and eco-town for sustainable development.

The two sides agreed to enhance cooperation in agriculture through the development of cooperatives, processing and trade of agricultural products, investment in agricultural enterprises and agricultural policy coordination under the relevant mechanisms. They also agreed to deepen finance and banking cooperation, promote the use of their respective currencies in the settlement of bilateral trade and investment, completing relevant cooperation mechanisms, as well as facilitating bilateral trade, investment and economic cooperation. The two sides would jointly discuss the provision of more convenient RMB clearing service.

Regarding transportation and connectivity, Thailand and China agreed to promote the transport infrastructure connectivity by linking the railway network through Lao PDR/ Myanmar and connecting roads, ports and airports in order to facilitate the movement of goods and people and to promote trade and tourism in the region.

The Chinese side expressed its interest to participate in the project to build a high speed rail system between Nong Khai and Ban Phachi, with partial payment to be made in the form of agricultural products. In this connection, the Thai side welcomed the interest shown by the Chinese side and will enter into discussion on the matter with the Chinese side in due course on the basis of the Memorandum of Understanding between the Government of the Kingdom of Thailand and the Government of the People’s Republic of China on Governmental Cooperation Project on the Railway Infrastructure Development in Thailand in Exchange of Agricultural Products from Thailand signed on 11 October 2013.

The Chinese side would support the establishment of a Thai Culture Center in Beijing and provide the necessary assistance for its construction. The Thai side reaffirmed its support for the Chinese Culture Center in Bangkok. The two sides also agreed to strengthen exchanges in the field of films and television, including cooperation in the production of films and television series.

They are willing to negotiate and sign an MOU on mutual exemption of visas for holders of regular passports to facilitate people-to-people exchanges between the two countries.

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