Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 10:59, June 19, 2005
Thai-Chinese FTA leads to soaring bilateral trade
font size    

Trade between Thailand and China has shot up to 24 billion baht (60 million US dollars) over the first 20 months of the enforcement of the bilateral free trade area (FTA) agreement, with Thailand holding the balance of trade by over 11 billion baht (27.5 million US dollars), according to the Director-General of the Department of Foreign Trade, Rachane Potjanasuntorn.

Rachane was quoted by the Thai News Agenyc as saying Saturday said that, from Oct. 2003 to May 2005, the department had issued certification of origin documents for goods worth 24 billion baht (60 million US dollars), of which 99 percent were agricultural products.

Customs Department figures from October 2003 to April 2005 show that the bulk of agricultural exports to China - around 63 - is accounted for by cassava, followed by nine percent for dried longans, nine percent for fresh longans, seven percent for fresh durians and four percent for frozen fish and prawns.

During the same period, Thailand imported 10 billion baht (25 million US dollars) worth of Chinese goods under the terms of the FTA agreement, 90 percent of which were fruits and vegetables, including apples, pears, mushrooms, carrots and nuts.

This gave Thailand a trade surplus on products affected by the deal of over 11.1 billion baht (277.5 million US dollars).

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
Online marketplace of Manufacturers & Wholesalers

Copyright by People's Daily Online, all rights reserved