Al-Qasabi discusses with Deputy Prime Minister of Thailand ways to reinforce trade and investment partnership

29 Aug 2022


H.E. Minister of Commerce and Chairman of the Board of Directors of General Authority for Foreign Trade Dr. Majid Abdullah Al-Qasabi met with Deputy Prime Minister and Commerce Minister of Thailand Jurin Laksanawisit. 

Mr. Laksanawisit visited recently the Kingdom and was accompanied by a high-level delegation of over 190 members including government officials and businessmen.  

During the meeting, Al-Qasabi discussed ways for the government of Saudi Arabia and its counterpart in the Kingdom of Thailand to strengthen friendly ties in areas such as agriculture, industry, tourism, food industries, and small and medium enterprise entrepreneurship. The two sides explored the possibility of concluding the GCC Free Trade Agreement with the Kingdom of Thailand. 

The Minister of Commerce organized a banquet for Thailand's Deputy Prime Minister and his accompanying delegation of senior officials and businessmen. 

The meeting was attended by the Minister of Tourism, Ahmed Al Khateeb, the Minister of Investment, Eng. Khalid Al-Falih, the Minister of Human Resources and Social Development, Eng. Ahmed Al-Rajhi, the Minister of Industry and Mineral Resources, Bandar Al-Khorayef, and the Governor of the Saudi Standards, Metrology and Quality Organization, Dr. Saad Al-Qasabi, His Excellency the CEO of the Saudi Food and Drug Authority, Dr. Hisham Al-Jadhey, and the Chairman of the Board of Directors of the Council of Saudi Chambers, Ajlan Al-Ajlan.  ​

More than 200 Saudi and Thai companies’ representatives attended the Saudi-Thai Business Forum on Monday at the Council of the Saudi Chambers in Riyadh. 

The forum's goal is to foster and promote trade partnerships between the corporate sectors of the two countries, sign bilateral partnership agreements, and discuss potential for further collaboration in various economic sectors. 

The volume of trade between the two nations reached SR 26.8 billion in 2021, with "mineral products and fertilizers" being the most important exporting products to the Kingdom of Thailand, while "cars and their parts" were the most important imports from Thailand.

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Last Modified 31 Aug 2022