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Kremlin sees good prospects for Russia-Thailand economic cooperation

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MOSCOW, October 15 (RIA Novosti) - There is a good outlook for economic cooperation between Russia and Thailand, a Kremlin source said Saturday ahead of negotiations between President Vladimir Putin and Thai Prime Minister Thaksin Chinnawat in Moscow.

"There are good prospects for expanding mutually beneficial cooperation in such spheres as energy, high technology, including space technology, military-technical cooperation, transport, and other areas," the Kremlin official said.

He said bilateral trade was worth $1.3 billion in 2004. Thailand is Russia's No. 1 trading partner among the ASEAN member countries, with more than 100,000 Russian tourists visiting Thailand every year.

Interaction with Thailand "is a principal area of Russia's foreign policy in Asia," the Kremlin source said, adding that the upcoming negotiations between the Russian and Thai leaders would continue the latest series of top-level bilateral contacts.

Thailand and Russia are cooperating effectively in regional affairs, in particular within the Asia-Pacific Economic Cooperation, Russia-ASEAN dialogue partnership, and multilateral industrial associations, and are expanding their interaction at the UN and its specialized agencies.

"The sides put a special thrust on promoting the concept of a unipolar world, strengthening multilateral security systems, providing guarantees for a peaceful adjustment of crisis situations, and creating a global system to counter new threats and challenges, above all international terrorism," the Kremlin source said.

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