In a move aimed at bolstering trade and investment ties between the two nations, Deputy Director-General of the Department of American and South Pacific Affairs, Ms. Jaithai Upakarnitikaset, held a meeting with Vice President, Indo-Pacific, Business Council of Canada (BCC), Mr. Trevor Kennedy, on May 26, 2025.
The visit of Team Canada Trade Mission to Thailand during May 26-28, 2025, provided an opportune occasion for the two officials to discuss pressing global economic issues and potential areas of cooperation. The Thai side expressed its readiness to collaborate with the BCC in promoting more trade and investment opportunities between Thailand and Canada.
During the meeting, both sides also explored possibilities of jointly organizing a commemorative event on the occasion of the 65th Anniversary of Diplomatic Relations between Thailand and Canada in 2026. This initiative aims to strengthen bilateral ties and foster greater understanding between the two nations.
The BCC is a prominent business organization with its headquarters located in Ottawa, comprising over 170 major Canadian companies. Its primary objective is to promote and advocate policies that support economic growth, competitiveness, and innovation both domestically and internationally.
Thailand's strategic location at the crossroads of Asia, combined with its growing economy and highly skilled workforce, make it an attractive destination for foreign investment. The country has been actively seeking to expand its trade relationships with key partners, including Canada.
In a statement released on 4 Jun 2025, the Ministry of Foreign Affairs emphasized the importance of strengthening bilateral ties with like-minded nations such as Canada. "The government is committed to promoting Thailand's economic growth and development, while also fostering strong relationships with international partners," said the ministry.
This move is seen as part of Thailand's efforts to diversify its trade relationships and reduce its dependence on traditional markets. By strengthening ties with countries like Canada, Thailand aims to increase its global competitiveness and contribute to regional economic stability.
In conclusion, the meeting between Ms. Upakarnitikaset and Mr. Kennedy highlights the growing importance of bilateral cooperation in addressing global economic challenges. As the international landscape continues to evolve, Thailand's proactive approach to fostering strong relationships with key partners is likely to play a significant role in shaping its future economic prospects.