January 8, 2025
BANGKOK – After a 10-year hiatus, Thailand and Pakistan have agreed to resume the Joint Trade Committee (JTC) meeting at the ministerial level.
The decision was taken during a meeting between Commerce Minister Pichai Naripthaphan and Pakistan’s ambassador to Thailand, Ruksana Afsol.
The renewed JTC will focus on exploring ways to enhance economic cooperation between the two countries, including revisiting the Thailand-Pakistan Free Trade Agreement (FTA).
Pichai also highlighted the complementary nature of the two economies.
Conversely, Pakistan possesses abundant natural resources, including aquatic animals, gemstones, coal, and iron ore, which can serve as valuable raw materials for Thailand’s manufacturing industries.
To further strengthen trade ties, both countries will actively participate in trade promotion activities. Thailand has invited Pakistani entrepreneurs to participate in the “My Karachi” international trade fair, while Pakistan has extended an invitation to Thai entrepreneurs to attend the Pakistan ASEAN Trade Development Conference in Jakarta.
Thailand is also encouraging Pakistan to invest in data centres in Thailand, leveraging the country’s robust technological infrastructure.