Thailand and New Zealand vow to strengthen economic ties as they set lofty new trade goals

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Thailand and New Zealand vow to strengthen economic ties as they set lofty new trade goals
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Thailand and New Zealand have vowed to boost economic cooperation with an aim to triple two-way trade by 2045, as the New Zealand leader visited Thailand for the first time in 11 years. New Zealand Prime Minister Christopher Luxon arrived in Bangkok on Tuesday and met with his Thai counterpart Srettha Thavisin at the government house on Wednesday.

Thailand ’s Prime Minister Srettha Thavisin, front left, and New Zealand ’s Prime Minister Christopher Luxon, front right, review an honor guard during a welcome ceremony at the government house in Bangkok , Thailand , Wednesday, April 17, 2024. New Zealand ’s Prime Minister Christopher Luxon, left, reviews an honor guard during a welcome ceremony at the government house in Bangkok , Thailand , Wednesday, April 17, 2024.

“We have agreed to elevate Thailand-New Zealand relations to a strategic partnership in 2026 or sooner, which will mark the 70th anniversary of our diplomatic relations. This will create the momentum for us to further expand and deepen cooperation in all dimensions,” Srettha said during a joint news conference after the meeting.

“But today we have committed to look for further opportunities to expand our economic cooperation and for new opportunities. Today we announced an ambitious goal to triple our two-way trade by 2045,” he said.England to play three cricket tests in New Zealand to conclude 2024Business delegations from both countries also held a meeting helmed by the two prime ministers at the government house, seeking to rapidly expand the bilateral economic relationship.

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