On March 27, 2025, Mr. Suchart Chomklin, along with a delegation from the Thai Chamber of Commerce, engaged in discussions with representatives from Sri Lanka in Colombo. This meeting aimed to enhance economic partnerships and trade relations between Thailand and Sri Lanka, particularly focusing on the Thailand-Sri Lanka Free Trade Agreement (FTA) finalized on March 3, 2024.
Mr. Suchart emphasized the significance of the FTA as a foundational step in fostering economic ties. He stated, "Thailand views the FTA as a starting point for building economic partnerships," highlighting its potential to reduce trade barriers, promote Sri Lankan exports, and create opportunities for joint economic cooperation across various sectors, including agriculture, consumer goods, finance, and small and medium-sized enterprises (SMEs).
Sri Lanka holds the position of Thailand's fourth-largest trading partner in the ASEAN region. In 2024, the total trade value amounted to $438.70 million USD, with Thai exports reaching $313.71 million USD. Key exports from Thailand included rubber products, polymers, chemicals, and textiles, while imports from Sri Lanka were valued at $124.99 million USD, comprising precious stones, jewelry, garments, and electrical components.
In addition to trade discussions, the Sri Lankan representatives expressed interest in receiving technical assistance from Thailand in various fields, including agriculture and financial services. Mr. Suchart responded positively, mentioning that the Thai government, under Prime Minister Ms. Paetongtarn Shinawatra, has approved funding for the Export-Import Bank of Thailand and SME D Bank to provide low-interest loans to SMEs, facilitating their access to capital for expanding into international markets.
Meanwhile, on the same day, Dr. Surasit Kittithanthanal, Secretary-General of the National Water Resources Office (ONWR), presided over a crucial meeting focused on water management strategies for the ongoing dry season of 2024/2025. This meeting addressed the need for proactive measures to mitigate the impact of drought conditions, particularly in regions facing severe water shortages.
Dr. Surasit reported that while many reservoirs successfully retained significant water reserves during the previous rainy season, some areas are still grappling with insufficient rainfall. He noted that the ONWR is closely monitoring water levels, which are currently 19% below average in large reservoirs, necessitating effective water management strategies.
The ONWR's meeting involved representatives from various relevant agencies, who discussed the implementation of eight measures to counteract the effects of drought. These measures aim to support agricultural areas in two provinces, namely Kanchanaburi and Buriram, which have reported significant agricultural damage due to water scarcity.
In Kanchanaburi, three districts and five sub-districts are receiving assistance, while Buriram is currently under evaluation for further support. The ONWR is committed to expediting relief efforts, particularly in the northeast region, to ensure that the dry season does not exacerbate existing challenges.
Furthermore, the ONWR is coordinating with local authorities to facilitate water distribution, particularly in cities like Nakhon Ratchasima, which are facing potential water shortages. Dr. Surasit emphasized the need for continuous monitoring and assessment, stating that the ONWR will propose additional measures to the cabinet to secure budget allocations for water management.
As the dry season approaches its peak, with only about a month remaining until its conclusion in April, the government is preparing for potential weather events, including summer storms that could bring heavy rainfall. Dr. Surasit urged the public to stay informed about weather warnings from the Meteorological Department, particularly in the northern regions, which are expected to be most affected by incoming storms.
In light of these developments, the ONWR is also working on a comprehensive plan for flood warnings and resource management to minimize risks associated with flooding and landslides, aiming to protect both lives and property.
This dual focus on enhancing trade relations with Sri Lanka and managing water resources effectively reflects Thailand's commitment to fostering economic growth while ensuring the well-being of its citizens amid environmental challenges.
