Islamabad: According to acting Thailand Consul General Paoyee Waesahmae, commerce between Pakistan and Thailand might be balanced if the Pakistani government addresses the obstacles effectively, particularly the delay in establishing a free trade agreement (FTA).
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On Saturday, the envoy told office-bearers of the Karachi Chamber of Commerce and Industry (KCCI) said the trade balance between the two countries was now in Thailand’s favour. He bemoaned the fact that the Pakistan-Thailand Free Trade Agreement had been waiting for years.
He stated that due to constraints imposed to contain the spread of the Covid-19 outbreak, negotiations to finalise the agreement had been delayed, but that the situation was improving and that it was high time to conclude the FTA, which would undoubtedly benefit both countries.
According to the consul general, bilateral trade is doing well, but it might increase much more if Karachi’s business community concentrated more on strengthening ties with their Thai counterparts.
He went on to say that in order to accomplish the desired result, Pakistani merchants needed to understand Thai people and culture in order to offer items to Thailand as needed.