China and Thailand Sign Memorandum of Understanding on Strengthening Economic Cooperation in Industrial and Supply Chains

en.Wedoany.com Reported - On July 20, witnessed by Chinese Premier Li Qiang and Thai Prime Minister Anutin Charnvirakul, Chinese Minister of Commerce Wang Wentao and Thai Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai signed in Beijing the "Memorandum of Understanding between the Ministry of Commerce of the People's Republic of China and the Ministry of Commerce of the Kingdom of Thailand on Strengthening Economic Cooperation in Industrial and Supply Chains" (hereinafter referred to as the "Memorandum").

According to the Memorandum, both sides agree to advance economic cooperation in industrial and supply chains, hold regular meetings, enhance exchanges, and support relevant government departments, local authorities, and enterprises of the two countries in continuously deepening and promoting practical cooperation, thereby better creating a favorable business environment for enterprises of both sides and jointly addressing challenges. In recent years, the potential for China-Thailand cooperation in industrial and supply chains has been continuously unleashed. The signing of the Memorandum will promote the establishment of a pragmatic and efficient cooperation platform for industrial and supply chains between China and Thailand, safeguard the security, resilience, and smooth operation of the industrial and supply chains of both countries, and jointly forge a closer China-Thailand economic cooperation relationship in industrial and supply chains.

The signing of this Memorandum will promote the establishment of a pragmatic and efficient industrial and supply chain cooperation platform between China and Thailand, safeguard the security, resilience, and smooth operation of the industrial and supply chains of both countries, and jointly forge a closer China-Thailand economic cooperation relationship in industrial and supply chains.