Paet said that Estonia would like for its citizens to have the opportunity to travel to Thailand without a visa, which would help to develop economic co-operation and tourism relations. “Thailand is a major destination for Estonian tourists, and a visa waiver would increase interest in the country even more,” Paet added. The Thai foreign minister said that he supports Paet’s proposal in principle.
Foreign Minister Paet said that the Thai foreign minister is welcome to visit Estonia and that economic ties would certainly be enlivened by visits by reciprocal business delegations. “We would also like to hold the first political consultations between our foreign ministries this year in Tallinn,” he added.
The agreements concluded between Estonia and Thailand last year for the avoidance of double taxation and for co-operation in culture and education are very important for promoting Estonia and Thailand’s economic and education co-operation. “There is ample room for growth in our economic co-operation. By concluding these agreements, we hoped to create favourable circumstances for business activity in Estonia and Thailand and facilitate contacts between people and student exchanges,” said Foreign Minister Paet.
They also spoke about co-operation in the logistics sector. The European Union and Russia are important trade partners for Thailand. Paet said that Estonia could be a gateway to the Nordic countries, the EU and Russia for Thai businesses, serving as a transport corridor and a logistics and distribution centre. “Estonia’s advantages are its geographical location, favourable business and investment climate, developed transportation connections, an accessible and high-quality workforce, and essentially waste-free ports,” he added.