Prime Minister Anutin Charnvirakul and his delegation are scheduled to make official visits to Australia and New Zealand from August 17 to 22, with the government seeking to deepen bilateral relations and economic cooperation under strategic partnership frameworks that generate long-term opportunities and mutual benefits.
At its August 11 meeting, the Cabinet approved a draft Joint Declaration on the Strategic Partnership between the Kingdom of Thailand and New Zealand. The declaration is intended to expand cooperation across four pillars: politics and security; economy, trade and innovation; culture and people-to-people links; and regional and multilateral cooperation.
In the economic sphere, Thailand and New Zealand aim to triple two-way trade by 2045 through closer cooperation in agriculture, digital innovation, renewable energy and supply-chain connectivity.
The two countries also plan to build on the Thailand-New Zealand Closer Economic Partnership, or TNZCEP, to reduce trade barriers and support small and medium-sized enterprises.