Aden a keyThai companies seek Yemeni markets [Archives:2005/828/Business & Economy]
More than 50 Thai companies recently held a trade fair at Apollo commercial center in Sana'a, which concluded last Tuesday.
The purpose of the fair was for Yemenis to learn about Thai products in such markets as automobile spare parts, electrical appliances, furniture, accessories and decorations, hospital equipment and medical apparatuses.
The Thai exhibits also included leather products, stationery, construction materials, jewelries, foodstuffs and beverages, clothes and cloth, as well as household utensils, and pharmaceutical and medical products.
An official at the Thai foreign ministry announced his country's desire for opening new marketing lines in Yemen. In a press conference, he had held on the sidelines of the trade fair, the Thai official confirmed his country's keenness on enhancing commercial cooperation with Yemen due to its special situation that links the continents of Asia and Africa. He said his country was studying investment in the free zones in Aden and marketing its products from Aden to neighborly countries in Africa.
On his part, the executive director of the Thai trade center said the Yemeni-Thai navigation route scheduled to operate in the near future would contribute to consolidate the two countries' trade cooperation. He said the investment environment in Yemen was encouraging for Thai businessmen, as foreign investments are given facilities and customs and tax exempts.
The Thai trade fair has contributed to inform the Yemeni consumer on Thailand's products, competition prices and the nature of those products and ways of using them.