Thailand and India to foster coastal logistics cooperation

Update: 2016-02-08 00:06 GMT

Gen Prayut Chan-o-cha, prime minister of Thailand and Hamid Ansari, vice president of India, have presided over an agreement-signing ceremony for coastal logistics cooperation.

Under the agreement, Thailand and India will join hands to set up a transport route between a seaport in the Andaman Sea and those in India. Thailand will study a new Indian investment law before proposing the subsequent establishment of a free trade area (FTA) agreement with India. Another deal for tourism cooperation will allow India to study Thailand’s tourism management.

The Indian vice president then delivered a keynote speech at Chulalongkorn University on the coastal logistics co-operation between Indian and Thailand.