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FINANCIAL NEWS
UAE, Thailand non-oil trade reaches USD 5.2bn
09 Jun 2016
(MENAFN) Non-oil trade between UAE and Thailand stood at USD 5.2bn in 2015, whereas premium raw aluminum, ornaments and other metals are the main exports to Thailand.
However, Thailand’s economy witnessed a drop in GDP growth in 2014, down to 0.9 percent compared with the 7.3 percent growth in 2012.
Additionally, the inflation rate dropped among 2014 to reach 1.9 percent or half of the 2011 level.
Moreover, Thai government applied structural reforms to boost the competitiveness of its economy and support innovation.
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