KOTRA Holds 'Korea-Thailand Economic Cooperation Forum' with Thai Government Agency

Responding to Demand for Cooperation on 'Thailand 4.0 Policy'
Accelerating Expansion of Exports and Market Entry in Thailand

Kim Tae-ho, Head of Economic and Trade Cooperation at KOTRA, is delivering the opening address.

[Asia Economy Reporter Park Sun-mi] KOTRA will hold the first offline bilateral economic cooperation event since COVID-19, the ‘Korea-Thailand Economic Cooperation Forum,’ at the Conrad Hotel in Bangkok, Thailand, for two days starting from the 6th.

On the first day of the event, the ‘Korea-Thailand Investment Cooperation Forum’ will introduce key information and business opportunities related to Thai market entry for Korean companies. Major Thai government agencies such as the Thailand Board of Investment, Eastern Economic Corridor Office, and Digital Economy Promotion Agency (DEPA) will present on ▲Thailand’s investment environment and industry-specific support policies ▲EEC (Eastern Economic Corridor) development policies and infrastructure investment status ▲Thailand’s smart city promotion status.

Additionally, over two days starting from the 6th, ‘Smart City Day’ and the ‘Global Partnering Consultation’ will be held, providing Korean companies with opportunities to attend seminars and one-on-one business consultations in key future industry sectors in Thailand such as smart city solutions, electric vehicles (EV), IT, and materials and components. A total of 70 Korean companies and 100 Thai government and leading companies will participate to explore business cooperation methods in the new business environment post-COVID-19.

The forum will also operate a promotional booth for the ‘2030 Busan Expo,’ further supporting the bid for the Busan Expo.

Kim Tae-ho, Head of KOTRA’s Economic and Trade Cooperation Division, said, “This year marks the 10th anniversary of establishing the Korea-Thailand strategic partnership, making it the right time to elevate the level of economic cooperation between the two countries.” He added, “KOTRA is putting maximum effort into expanding and diversifying economic cooperation with ASEAN countries, our key export markets including Thailand, Indonesia, and Vietnam, to overcome the trade deficit crisis.”