Deputy Prime Minister and Minister of Foreign Affairs had a phone conversation with the President of Chile where he expressed his appreciation on the 60th anniversary of diplomatic relations between the two countries in 2022, highlighted BCG Model as a key concept in both Thailand’s APEC chairmanship and COP26, and expressed the readiness to promote cooperation in renewable energy.

On 29 October 2021, H.E. Mr. Don Pramudwinai, Deputy Prime Minister and Minister of Foreign Affairs of Thailand, on behalf of the Prime Minister of Thailand, had a telephone conversation with H.E. Mr. Sebastián Piñera Echenique, President of Chile, discussing bilateral and multilateral cooperation in the lead up to the year 2022, which will mark the 60th anniversary of the establishment of the diplomatic ties between the two countries.

The Deputy Prime Minister and Minister of Foreign Affairs of Thailand highlighted the Bio-Circular-Green (BCG) Economy Model as an approach to support the regional COVID-19 recovery efforts and the theme for both Thailand’s APEC host year in 2022 and Thailand’s participation in the 2021 United Nations Framework Convention on Climate Change Conference of the Parties (UNFCCC COP) or COP26. Both sides also shared a common view to promote cooperation on renewable energy, a field in which Chile is specialised, to support climate action.

In 2020, Chile is Thailand’s 4th largest trading partner in Latin America with a bilateral trade volume valued at 772.29 million USD. The Thailand – Chile Free Trade Agreement (FTA) is a key trade mechanism between the two countries under which the tariff rates for all products are to be lowered to 0 percent by 2023.

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