Russia, Thailand to sign cooperation deals on energy, transport, agriculture, tourism

Apr 08, 2015 12:00 AM

During a visit by Russian Prime Minister Dmitry Medvedev to Thailand this Wednesday the two countries will sign documents on energy, transport, agriculture and tourism, Russian Deputy Prime Minister and chief of the governmental staff Sergei Prikhodko told reporters.

"We are signing a memorandum of understanding between the two countries' energy ministries on energy cooperation, an agreement of understanding between the Federal Drug Control Service and the relevant Thai drug control authority, and a 2015-2017 memorandum between the two countries' culture ministries," the deputy prime minister said.

Furthermore, the two countries are planning to sign an agreement between the Federal Service for Veterinary and Phytosanitary Oversight and the Thai Fisheries Department on safety of imported and exported fish and aquaculture products, a 2015-2017 action program on tourism, and a memorandum between Russian Railways, or RZD (Russian Railways) and a Thai company on a project to build railway infrastructure at a coal terminal at a sea port on the island of Kalimantan.

The two countries could also sign several commercial contracts on which they are still working.

The Russian delegation includes business representatives from Sukhoi Civil Aircraft, Vnesheconombank, or VEB (Vnesheconombank) deputy chairman Sergei Vasilyev; Glonass President Alexander Gurko, Rostec deputy chief Igor Zavyalov, RZD Vice President Alexander Saltanov, Rosatom deputy chief Nikolai Spassky, Inter RAO board member Yury Sharov, and several others.

Asked whether SCA is planning to sign any documents or contracts, Prikhodko recalled the agreement to supply two SSI aircraft for the Thailand Air Force, which was signed in September 2014 after SCA won the tender in December 2013.

At the same time, there are several Thai airline companies among potential private customers. The SCA management has therefore decided to organize a broad presentation of its products in Bangkok.

The two countries have a good potential for greater cooperation in the fuel and energy sector, Prikhodko said. As part of implementation of a strategic cooperation agreement signed in 2005 by Gazprom, VEB and Thailand's oil and gas corporation PTT, the parties are considering regular deliveries of Russian liquefied natural gas to Thailand.

In 2014, bilateral trade rose by 18.7 percent to $3.98 billion (Russian exports stood at $1.75 billion, imports at $2.23 billion), the Russian deputy prime minister said. In January 2015, trade reached $181.3 million, up 11 percent on January 2014.


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