During his visit for the inauguration of Thailand Week, Tofail Ahmed, Commerce Minister of Bangladesh, requested the Thai government to relax visa rules for Bangladeshis because they are too complicated. Ahmed said that he had discussed this earlier as well. He requested the government to relax the rules so that Bangladeshis can visit Thailand for trade, leisure, and healthcare. Bangladesh and Thailand recently signed a decree for taking away visa regulations for passports diplomatic, which will be implemented from July 2018 onward.
Panpimon Suwannaponse, Thai Ambassador to Bangladesh, was also present during the inauguration ceremony. It was held at the Pan Pacific Sonargoan Hotel, and products from consumer goods to automotive products were displayed there. Suwannaponse believes that trade shows help local and Thai businesses to recognize their business partners in Bangladesh. She said that is very optimistic that these joint efforts will help reach Thai-Bangladesh trade value to $2 billion by 2021. Over the past couple years, the robust bilateral trade enjoyed by the two countries. In 2017, the two-way trade reached $1.31 billion, an increase from $1 billion in 2016.
She saw an increased interest among Bangladeshi and Thai businesses to trade with the other group. Thailand Week is the 16th event the Royal Thai Embassy has hosted in these couple years to grow trade relations between Thailand and Bangladesh. These events are another indicator of growing trade relations.
At the inauguration ceremony, Suwannaponse said that Thailand will stay strongly committed to economic and development partnership with Bangladesh that help the country become a developing country. Bangladesh Govt. is looking to strengthen this partnership. Tofail requested for duty-free access to the products that Bangladesh export. In 2017, Tofail said that he and his Thai counterpart were discussing a free trade agreement between the two countries but the public yet to hear anything about it.