A Change of Guard

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Sunday 27 October 2013

Thai-Cambodian border trade still normal

BANGKOK, 27 Samut Sakhon Oct 2013 (NNT) – Despite the disputed territory near Phra Viharn Temple, Thai-Cambodian border trade is still normal as 150,000 billion baht cash flow is expected by the end of 2013. 

According to the Thai Chamber of Commerce (TCC), border trade along the disputed areaaround Phra Viharn Temple is still peaceful as the date for the final verdict is approaching. The International Court of Justice (ICJ) is scheduled render its ruling on the Phra Viharn case on November 11. 

The TCC expects the value of Thai-Cambodian border trade to be around 150,000 billion baht this year, more than last year’s figure of 120,000 billion baht. 

However, the TCC has admitted that tourism industry has been slightly affected by the territorial dispute between Thailand and Cambodia, as smaller number of travelers has been seen. 

Thai products that are popular among the Cambodian buyers are oil, sugar, food and drinks, and other necessities, while most of Cambodian products imported to Thailand are agricultural goods. 

Lastly, the TCC expressed its confidence that the ICJ’s decision on Phra Viharn will not affect the good relations between the two neighbors.
Information and Source
Views : 14
Correspondent : Thammarat Pramotmaneerat
Rewriter : Suvicha Jirakittikul
National News Bureau & Public Relations : http://thainews.prd.go.th

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