Yingluck Paving the Way to Mongolia

Yingluck Shinawatra is at it again. She is in Mongolia, accompanied by a group of representatives from the Thai private sector in various industries, including education, agriculture, energy, automobile, mining, and tourism, who will discuss cooperation between the two sides.

At the 7th Ministerial Conference of the Community of Democracies, Yingluck delivered a speech focusing on Thailand’s commitment to promoting democratic principles and human rights, regardless of gender, age,or economic status.

During the discussions with Government officials from both nations, potential imports and trade from Thailand included consumer goods, foods, automobiles, processed food, and services such as property development, construction, mining and healthcare. Last year, Thai-Mongolian trade was valued at US$13.69 million (THB393 million). Thai exports, chiefly vehicles, paper and refrigerators, were valued at $13.23 million. It also imports printing products, clothes, footwear, electric appliances, and consumer goods from Mongolia.

According to Thai delegates, there are high prospects of an increased flow of trade and the sharing of business strategies in a regional network.

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