Latin American countries including Brazil , Columbia and Mexico ,
are new potential markets for Thailand ‘s food products, auto parts
and machinery industries.
The Thai Ministry of Foreign Affairs
recently held a seminar called ” Thailand’s business market: Latin
American and Canada” in order to provide and share information on trade
and investment opportunities that Thailand obtained during Thai
entrepreneurs’ visit to four countries in Latin America and Canada from
September 27 to October 10.
The visit was aimed at supporting
trade cooperation between the Thai government and the private sector and
academic institutions in Latin America , as well as developing trade
networks between the two sides.
According to Songsak Saicheu,
Director-General of the ministry’s Department of American and South
Pacific Affairs, among the three countries, Brazil is a new emerging
economy which ranked 7th in the world and is one of the major machinery
exporters.
Pairush Burapachaisri, Vice-Chairman of the Thai
Chamber of Commerce, said the Thai Ministry of Energy is ready to
cooperate with Brazil in terms of renewable energy such as Ethanol.
He
added that Thailand will pursue cooperation with these countries in
developing scientific knowledge and inventing technological devices.
Thailand was invited last year to join, as an observer country,
the Pacific Alliance, a Latin American trade bloc with the four member
states of Chile, Colombia, Mexico and Peru.-VNA