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Thailand to organise first trade fair in city

Press Trust of India  |  Kolkata 

is set to organise the country's first trade fair in at to complement its 'Look West' policy and also to promote bilateral trade, an of the South East Asian nation said Monday.

Presently, 40 Indian companies with investments of USD 2 billion were operating in and 30 Thai firms with investments were functioning in India, Tharadol Thongruang, (commercial) of the of said.

Owing to geographical proximity, was very closely bonded with Thailand, Thongruang said adding that over time, the relationship strengthened in terms of bilateral trade.

Bilateral trade in 2016 was USD 7.72 billion with USD 5.15 billion in exports and USD 2.57 billion in imports.

The two-day fair would be held from September 12 organised in association with Bengal Chamber and Department of International Trade Promotion of the

Thai product categories in health and beauty, household items, fashion accessories, and beverages would be showcased in the fair, he said.

The fair organisers would also hold B2B meetings, he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 10 2018. 18:35 IST