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The following article was published in our article directory on September 17, 2010.
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Thailand Plans to Cooperate with China Building Three High-speed Rail Lines

Article Category: World Affairs

Author Name: Amanda xzh

Thai cabinet approved the construction of three cooperation with China high-speed rail draft framework for negotiations. Thai Farmers Research Center here body that the plan will help promote Thailand and neighboring countries and trade between countries in the region, especially the trend of growing border trade. It also helps push up Thailand's economic status in the region.

According to the plan, Thailand and China proposed three high-speed rail lines are lines from Bangkok to Nong Khai, Bangkok to Thailand, Malaysia and Bangkok to Rayong border line. Which the first two high-speed rail is from Kunming in China via Laos, Vientiane, Nong Khai, Thailand, Bangkok, Thailand, Malaysia, the southern border until an integral part of cross-border railway line.

Thai Farmers Research Center, said this plan is to promote Thailand to improve and make more efficient logistics systems, and other transportation systems will be connected with it another important step.

The center believes that although the Thai border trade with neighboring countries still face many obstacles, including laws, rules, culture, language and economic and political differences, but in the ASEAN Free Trade Area and the ASEAN - China free trade area framework, open and free trade makes a lot of import tariffs on goods has been reduced to zero, and in the future will occur in the reduction of tariffs. ASEAN Free Trade Area by 2013 will fully open the logistics industry, and the development of transport infrastructure, including construction and research are among the road and the third and fourth Thai, Old Bridge, Mekong River, these favorable factors will help further expansion of border trade.

In addition, Thailand's neighboring countries such as Laos, Cambodia and Myanmar are developing countries, is expanding the outside world, its domestic economic growth momentum is good, but also help to promote border trade between Thailand and neighboring countries to maintain good growth.

Abhisit after Thai Prime Minister received Chinese Ambassador in Bangkok, Thailand, and Chinese media interview that the aforementioned rapid opening of the railway, will be resolved from China to Thailand and need to pass by the inconvenience of Vietnam, while Thailand's domestic logistics costs are high The problem will be resolved.

Thai Farmers Research Center predicts that this year Thailand and Malaysia, Myanmar, Laos, Cambodia and southern China between the value of border trade and cross-border trade in 6468 from more than billion baht last year to 7500-790000000000 baht, an increase of 16-22%. By 2015, Thailand's border trade and transit trade is expected to reach 1.5 trillion baht worth level, in Thailand the proportion of the total value of foreign trade from the current 6.8% to nearly 8%. Which need a large and efficient transport logistics industry to support.

In addition, construction of cross-border cooperation in Thailand and high-speed railway will also help the development of cross-border tourism in this region is expected to come from neighboring countries and neighboring countries, especially China's inbound tourist market will grow substantially. In this regard, the Thai government relevant departments to develop a goal to attract more Chinese tourists are expected in the next 3 to 5 years, tourists from China and Thailand are expected to increase to 200 million passengers per year, replacing Japan, Thailand and Malaysia to become the largest tourist market.

Thai Farmers Research Center, believes that ASEAN cross-border high-speed railway and other large infrastructure projects to promote and strengthen cooperation to eliminate obstacles to international trade and the future of trade, services and investment fields full liberalization of the ASEAN Economic Community, in particular the completion schedule, will be become an important turning point in regional economic development and promote economic and trade between the countries of the region an important factor in the rapid development.

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