Thailand - Latin America Business Council Meets with Latin American Ambassadors
Nota Informativa
25 de August de 2020 - 12:00 a. m.
The first session of the newly created Thailand-Latin America Business Council took place today with 9 Latin American Ambassadors accredited to Thailand (Argentina, Cuba, Peru, Chile, Brazil, Colombia, Mexico, Guatemala, and Panama), who were designated as "honorary members". The formation of this Business Council was initiated by the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), the main representative entity of the private sector formed by the Board of Trade of Thailand (BOT) under the Chamber of Commerce (TCC), the Federation of Thai Industry (FTI), and the Thai Bankers’ Association (TBA).
The Business Council includes companies in areas such as food, mining, manufacturing, energy, machinery and equipment, aviation, trade, and services (bank, tourism, hotels, transportation, construction) that already do or wish to do business with Latin American countries. Thai government institutions such as the Ministries of Foreign Affairs, of Commerce, and of Industry, the Board of Investment, and the Export-Import Bank of Thailand are also participating as honorary members.
The President of the Business Council, Mr. Montri Mahaplerkpong (vice-chairman of the FTI), noted that in the current situation caused by the COVID-19 pandemic and the trade conflicts that preceded it, the Thai private sector believed assuming a greater role in generating trade and investment to be most urgent. Latin America is a zone with the highest interest that has been little addressed and known by Thai entrepreneurs.
On behalf of Peru, Ambassador Fernando Quirós showed his appreciation for this important initiative launched by the private sector, underlining Peru's economic and commercial openness, as well as the country's potential to do business and receive investment, the existing bilateral Free Trade Agreement in force since 2011, the active participation of Peru in APEC and ASEAN, and Peru's recent adhesion to the Treaty of Amity and Cooperation in Southeast Asia (TAC).
The Business Council includes companies in areas such as food, mining, manufacturing, energy, machinery and equipment, aviation, trade, and services (bank, tourism, hotels, transportation, construction) that already do or wish to do business with Latin American countries. Thai government institutions such as the Ministries of Foreign Affairs, of Commerce, and of Industry, the Board of Investment, and the Export-Import Bank of Thailand are also participating as honorary members.
The President of the Business Council, Mr. Montri Mahaplerkpong (vice-chairman of the FTI), noted that in the current situation caused by the COVID-19 pandemic and the trade conflicts that preceded it, the Thai private sector believed assuming a greater role in generating trade and investment to be most urgent. Latin America is a zone with the highest interest that has been little addressed and known by Thai entrepreneurs.
On behalf of Peru, Ambassador Fernando Quirós showed his appreciation for this important initiative launched by the private sector, underlining Peru's economic and commercial openness, as well as the country's potential to do business and receive investment, the existing bilateral Free Trade Agreement in force since 2011, the active participation of Peru in APEC and ASEAN, and Peru's recent adhesion to the Treaty of Amity and Cooperation in Southeast Asia (TAC).