Trade between Russia and Thailand increased by almost 23 percent in the first five months of 2026, Minister for the Development of the Russian Far East and Arctic Alexei Chekunkov said at the ninth meeting of the Joint Russia-Thailand Commission for Bilateral Cooperation in Moscow.In 2025, trade reached $1.7 billion, and Russia and Thailand have a lot of potential in terms of stepping up investment, he pointed out.“We must work together on expanding our respective exports to each other’s markets. Russia is ready to deliver more energy resources, fertilizer, agricultural goods, while also buying more industrial goods,” Alexei Chekunkov emphasized.The Minister for the Development of the Russian Far East and the Arctic went on to call on Thailand to be more proactive in expanding air service between the two countries, noting that the number of Russian tourists travelling to Thailand this year could reach 2 million people.“The number of Russian tourists visiting Thailand has already exceeded pre-Covid levels. Last year, 1.9 million people visited Thailand. This year, I think that we can reach 2 million people,” he said.In addition to this, cooperation in science and technology, including in Russia’s Far East and the Arctic, can open up new horizons in Russia’s partnership with the Kingdom of Thailand.“The Russky science and technology center is Vladivostok focuses on innovation and technology, biotech, and biopharmaceuticals. It has already attracted leading researchers and technology businesses from Russia and other countries. We must work together on promoting direct ties between Thailand and Russia, including in Russia’s Far East and the Arctic, and are committed to establishing businesses and holding major events, while also increasing mutual tourist flows,” Alexei Chekunkov said.
Trade between Russia and Thailand increased by almost 23 percent in the first five months of 2026, Minister for the Development of the Russian Far East and Arctic Alexei Chekunkov said at the ninth meeting of the Joint Russia-Thailand Commission for Bilateral Cooperation in Moscow.
In 2025, trade reached $1.7 billion, and Russia and Thailand have a lot of potential in terms of stepping up investment, he pointed out.
“We must work together on expanding our respective exports to each other’s markets. Russia is ready to deliver more energy resources, fertilizer, agricultural goods, while also buying more industrial goods,” Alexei Chekunkov emphasized.
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Members of the Russian delegation at the ninth meeting of the Joint Russia-Thailand Commission for Bilateral Cooperation
Deputy Prime Minister and Foreign Minister of the Kingdom of Thailand Sihasak Phuangketkeow, left, at the ninth meeting of the Joint Russia-Thailand Commission for Bilateral Cooperation
The Minister for the Development of the Russian Far East and the Arctic went on to call on Thailand to be more proactive in expanding air service between the two countries, noting that the number of Russian tourists travelling to Thailand this year could reach 2 million people.
“The number of Russian tourists visiting Thailand has already exceeded pre-Covid levels. Last year, 1.9 million people visited Thailand. This year, I think that we can reach 2 million people,” he said.
In addition to this, cooperation in science and technology, including in Russia’s Far East and the Arctic, can open up new horizons in Russia’s partnership with the Kingdom of Thailand.
“The Russky science and technology center is Vladivostok focuses on innovation and technology, biotech, and biopharmaceuticals. It has already attracted leading researchers and technology businesses from Russia and other countries. We must work together on promoting direct ties between Thailand and Russia, including in Russia’s Far East and the Arctic, and are committed to establishing businesses and holding major events, while also increasing mutual tourist flows,” Alexei Chekunkov said.
