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Thailand, Turkey to study FTA, says PM

Prime Minister Yingluck Shinawatra has urged the Turkish private sector to invest more in Thailand, especially in the construction sector in which Turkey has expertise.

Both Thailand and Turkey agreed to conduct a joint feasibility study on free-trade arrangements between the two countries, the PM said in her weekly programme "Yingluck Government Meets the People" on Saturday.

Her trip to Poland and Turkey, which included business people, concluded at the weekend.

In Turkey, Yingluck told her Turkish counterpart, Prime Minister Recep Tayyip Erdogan, that Thailand plans to invest around US$66 billion (Bt2 trillion) in transport infrastructure and logistics projects.

She said the Thai government also plans to open Thai consulates in Antalya and Izmir in Turkey, while Turkey would also open consulates in Chiang Mai and Phuket, prime tourism destinations in Thailand.

Yingluck said the move would help promote tourism and people-to-people contact between the two countries.

She also assured Erdogan that Thailand would support Turkey's "New Silk Road" project aimed at connecting Europe and Asia.


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