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Thailand and Korea strengthen commercial ties

Thailand and Korea strengthen commercial ties

13 Sept 11:10 Key points summarised by AI
  • South Korea's Gyeonggi Province hosted G-Fair ASEAN+ 2023 in Bangkok, celebrating 65 years of diplomatic relations and bringing its largest-ever delegation of 227 companies to Thailand.
  • The event underscored Thailand's strategic importance to South Korea, with Gyeonggi Governor Kim Dong-yeon highlighting the province as a hub for industry, future mobility, and digital innovation.
  • Commercial cooperation has surpassed expectations, with Thai exports to South Korea reaching 35 billion baht in 2022, exceeding a three-year target and increasing by 19% from the previous year.
  • The fair aims to foster diverse exchanges, explore business potential, and forge new partnerships, leveraging Thailand's manufacturing capabilities with Gyeonggi's innovative technologies for mutual benefit in global markets.
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