Singapore and Thailand have established close historical ties and the relations have expanded over the years, Prime Minister Lee Hsien Loong said on the occasion of a visit by Thai Prime Minister General Prayut Chan-o-cha.
Singapore and Thailand have established close historical ties and therelations have expanded over the years, Prime Minister Lee Hsien Loongsaid on the occasion of a visit by Thai Prime Minister General PrayutChan-o-cha.
He noted that Singapore is the secondlargest investor in Thailand and the top investor from ASEAN for thelast few years, with total investment topping 740 million USD.
Bilateral trade has grown steadily over the last decade to reach about 22 billion USD, he added.
PM Lee also said over half a million Thais visited Singapore in 2014and about 800,000 Singaporeans also travelled to Thailand during thesame period of time.
During the Thai PM’s visit, the twogovernments are expected to sign several agreements on cooperation ontourism, taxation, and communication.-VNA
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