Interest In Trade With Thailand Increasing: Ambassador Libricky

Czech Industry and Trade Ministry, CzechTrade

Prague, Aug 30 (CTK) – Czech companies’ interest in trading with Thailand has increased, and so did investments in the country, even though the situation is complicated by the European Union halting negotiations about a free trade agreement following a 2014 coup by the Thai military, Czech ambassador to Thailand Marek Libricky told CTK.


Since 2014, there has been no typical business missions heading to Thailand. The situation could improve after next year’s election in Thailand, he added.


Over the past few years, the embassy has been giving a boost to Czech companies investing in Thailand, Libricky said.


First Czech production and information and communication technology (ICT) companies have started their investment projects in the country, he said.


However, there are opportunities mainly in the energy sector and tram transport for large cities, Libricky said.


A direct air link between Bangkok and Prague could be launched next year, with AirAsia airline introducing it, Libricky said.


AirAsia head has confirmed twice this year that the company has been working on the line, Libricky said.


The number of Thai tourists travelling to the Czech Republic every year is about 50,000, while the number of Czechs heading for Thailand is some 43,000, he said.


The line could bring tourists from other countries of Southeast Asia, as Bangkok is a transport hub of AirAsia.