Mr. Jurin Laksanawisit, Ministry of Commerce, said that the agreement is an opportunity for Thailand to increase the value of jewelry exports. He believes the new partnership should increase opportunities to expand trade, investment, and economic cooperation between Thailand and Kofu city, notably in gems and jewellery, for which Kofu is renowned. This deeper cooperation is estimated to increase the trade value in gems and jewellery between Thailand and Japan. The MoU signing is expected to bring about several mutual benefits to Thailand and Japan, whether it involves manufacturing, joint marketing, or technology transfers.
In this event, Mr. Boonyarit Kalayanamit, Permanent Secretary, Ministry of Commerce together with Mr. Suriyon Sriorathaikul, Chairman of Gem and Jewelry Industry Club, the Federation of Thai Industries, and Mr. Sumed Prasongpongchai, Director of the Gem and Jewelry Institute of Thailand, witnessed the signing.