ID :
14120
Mon, 07/28/2008 - 16:10
Auther :
Shortlink :
http://m.oananews.org//node/14120
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Thailand won't slow investment, trade with Cambodia
BANGKOK, July 28 (TNA) – Deputy Commerce Minister Wiroon Techapaiboon on Monday affirmed that the Thai government has no policy to slow investment and trade in Cambodia despite continued border tension from the military standoff related to the Preah Vihear temple dispute.
Although there is some misunderstanding between Thailand and Cambodia over the issue, Mr. Wiroon said, the overall relations between both neighboursremains sound.
Nevertheless he said he belives the dispute will last only for the shortrun, and that it could be settled within one month.
At present, bilateral trade value has increased by up to 70 per cent with Thailand's importation of Canmbodian products doubling, showing thatnormal trading activities are continuing smoothly.
He said that some Cambodians had reduced their purchase orders to import Thai goods, but believed the situation would improve after the talks between Cambodian and Thai foreign ministers are held, and the newCambodian government is installed.
Mr. Wiroon reiterated that the Thai government had no policy to slow investment or shift production bases from Cambodia because the governmentsees bilateral trade cooperation as remaining good.
Instead, he said, the government had asked Thai businesspersons to invest and run their businesses in neighboring Vietnam, Laos, Myanmar and Cambodia in an amicable and friendly manner because it believed they could enjoy good trade and investment cooperation from the neighbouring countries in return. (TNA)
Although there is some misunderstanding between Thailand and Cambodia over the issue, Mr. Wiroon said, the overall relations between both neighboursremains sound.
Nevertheless he said he belives the dispute will last only for the shortrun, and that it could be settled within one month.
At present, bilateral trade value has increased by up to 70 per cent with Thailand's importation of Canmbodian products doubling, showing thatnormal trading activities are continuing smoothly.
He said that some Cambodians had reduced their purchase orders to import Thai goods, but believed the situation would improve after the talks between Cambodian and Thai foreign ministers are held, and the newCambodian government is installed.
Mr. Wiroon reiterated that the Thai government had no policy to slow investment or shift production bases from Cambodia because the governmentsees bilateral trade cooperation as remaining good.
Instead, he said, the government had asked Thai businesspersons to invest and run their businesses in neighboring Vietnam, Laos, Myanmar and Cambodia in an amicable and friendly manner because it believed they could enjoy good trade and investment cooperation from the neighbouring countries in return. (TNA)
