GTTCI and PEITA Forge Strategic Partnership to Boost India-Thailand Trade Relations

New Delhi, 19th September 2024 – The Global Trade & Technology Council of India (GTTCI) proudly announces the signing of a Memorandum of Understanding (MoU) with the Promotional Export and Investment Trade Association (PEITA) of Thailand. This significant partnership was formalized with the signatures of Dr. Gaurav Gupta, Founder President of GTTCI, and Mr. Prasert Piyasachadesh, Vice President of PEITA.

This strategic partnership is poised to shape the future of India-Thailand business relations, enhancing the collaborative potential between the two nations. The landmark agreement reflects a mutual commitment to fostering economic growth, innovation, and cooperation between India and Thailand. The MoU aims to pave the way for innovative collaborations, the exchange of technology and knowledge, and the development of new avenues for trade and investment.

Dr. Gaurav Gupta expressed his optimism, stating, “This MoU marks a new chapter in India-Thailand relations. We are confident that our joint efforts will not only enhance bilateral trade but also create numerous opportunities for businesses in both countries to explore new markets and technologies.”

Mr. Prasert Piyasachadesh emphasized the importance of this partnership, saying, “PEITA is delighted to partner with GTTCI. Together, we aim to bridge gaps, build strong business networks, and drive economic growth through mutual cooperation.”

This MoU will facilitate various initiatives, including:

  • Promoting bilateral trade and investment opportunities between India and Thailand.
  • Encouraging the exchange of technological innovations and best practices.
  • Organizing joint trade delegations, exhibitions, and business forums.
  • Enhancing market access and providing strategic insights to businesses from both nations.

Both Dr. Gaurav Gupta and Mr. Prasert Piyasachadesh highlighted the promising future of India-Thailand business relations, emphasizing the potential for growth and economic prosperity. This collaboration signals a new era of cooperation and opportunity between the two nations, reinforcing their commitment to a robust and dynamic economic partnership.