The Thai Ambassador of Thailand to Sri Lanka, Chulamanee Chartsuwan will be the guest speaker at the ‘Meet the Ambassador’ program on ‘Bilateral Trade between Sri Lanka and Thailand’ on November 8, at the National Chamber of Commerce of Sri Lanka (NCCSL), from 3 p.m. to 4.30 p.m., D. R. Wijewardene Mawatha, Colombo 10.
The First Secretary of the Embassy, Chotika Attapimon will also be present. The Ambassador will speak on the current business trend, trade potential, and opportunities for export/import, investment, and other services available for Sri Lankans in Indonesia. The participants will get an opportunity to interact with the Ambassador and other officials of the embassy and get information on trade matters.
With a well-developed infrastructure, a free-enterprise economy, and generally pro-investment policies, Thailand is highly dependent on international trade, with exports accounting for about two-thirds of GDP. Thailand’s exports include electronics, agricultural commodities, automobiles and parts, and processed foods.
The agricultural sector, comprised mostly of small-scale farmers, contributes 10% of GDP but employs about one-third of the labour force. Thailand faces labor shortages, and has attracted an estimated 2-4 million migrant workers from neighbouring countries.
Export commodities include; automobiles and parts, computer and parts, jewelry and precious stones, refine fuels, electronic integrated circuits, chemical products, rice, fish products, rubber products, sugar, poultry, machinery and parts, iron and steel and their products.
While Import commodities include machinery and parts, crude oil, electrical machinery and parts, chemicals, iron and steel products, electronic integrated circuit, automobile’s parts, jewellery, gold and silver, computers, electrical household appliances, soybean, wheat, dairy products.
Thai and Sri Lankan businessmen can trade and invest on areas such as agriculture and processed food, gems and jewellery, electronics, automotive parts, rubber, tourism including hotel management, and alternative energy.