Russian and Thai Business Leaders Call for Pivot to Joint Ventures and Tech Partnerships

Source: The Nation Thailand
Published on: 2026-10-31 10:59

To enable this pivot, leaders urged for solutions to persistent obstacles, such as establishing direct payment systems, simplifying product certification, and clarifying foreign ownership rules. Business Russia and the Federation of Thai Industries sign an MOU as speakers call for joint ventures, direct payments and easier certification. Business leaders and officials from Russia and Thailand called on Friday for bilateral commerce to move beyond simple buying and selling towards joint ventures, local production, and technology partnerships. Speaking at the joint business association session on the opening day of the two-day Russian-Thai Investment Forum 2026 (30-31 October), panellists acknowledged that while energy and raw-material trade provides a foundation, persistent obstacles -- including cross-border payments, product certification, logistics, and ownership rules -- must be ad...

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