Mr Srettha was on his first visit to Singapore since taking office in August. He was here as part of a regional tour. Read more at straitstimes.com.
SINGAPORE - Singapore and Thailand’s leaders discussed ways to enhance bilateral cooperation in the digital economy and renewable energy during an official visit by Thai Prime Minister Srettha Thavisin to the Republic on Thursday.
Economic relations between the two countries are substantial, he said, with Singapore and Thailand ranking among each other’s top 10 largest trading partners in 2022. Bilateral trade that year increased by nearly a quarter year-on-year to $42.1 billion, while Singapore was the second-highest source of foreign direct investment in Thailand in the first half of 2023.
The agreement was set up by Singapore, Chile and New Zealand in 2020. It aims to foster trade by regulating issues related to the digital economy, including data flows, data protection and artificial intelligence.“I look forward to building on this momentum to strengthen energy collaboration with Thailand, which will unlock Asean’s potential for cross-border renewable energy trade.
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