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France, Thailand sign MoU on corporate partnerships

Jul 03. 2017
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By   SIRIVISH TOOMGUM
THE NATION

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MEDEF International, which represents French private sector organisations at an international level, signed a memorandum of understanding (MoU) with Thailand’s Joint Standing Committee on Commerce, Industry and Banking (JSCCIB-Thailand) yesterday in Bangkok to promote the partnership of Thailand and French companies in four areas.

The four areas of cooperation cover agribusiness, transport infrastructures, renewable energy, and “smart” city.

This MoU was signed by Francois Corbin, chairman of the France-Thailand Business Council of MEDEF International, and Predee Daochai, chairman of the JSCCIB-Thailand and chairman of the Thai Banker’s Association of Thailand. 

Thailand’s Deputy Prime Minister Somkid Jatusripitak witnessed the signing ceremony, which was followed by the first meeting of the one-day France-Thailand Business Forum yesterday. Around 90 French and Thai business leaders and representatives of both governments gathered for the forum.

This meeting will launch the implementation of regular discussions between MEDEF International and the JSCCIB in order to nurture new partnerships.

“Today, with the Thailand 4.0 strategy, Thailand’s objective is to make its industrial sector more innovative. Our French firms have undeniable know-how and world-leading expertise to bring to the table,” said Corbin.

“They are all committed to support Thailand in its disruptive transition that embraces all economic sectors. Past years have demonstrated how efficiently Thai and French companies and talents of the two countries are working and growing together. This MoU will bring us even closer to jointly prepare Thailand for the future,” said Corbin.

Predee said the forum is one of the most important events for the private sector of both countries. It will definitely offer a great opportunity to expand their networks for exchanging valuable information through a dialogue and develop cooperation in many areas of mutual interest, he emphasised. 

MEDEF International, which represents MEDEF (the French Business Confederation) in the world at the bilateral level, aims to promote French companies’ know-how and strengthen dialogue and cooperation with foreign authorities and the international private sector.

 

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