Rescue teams empty 1,500 tons of oil from Russian tanker

Bangkok: Three years into the reestablishment of ties with Saudi Arabia, Thais say that they are observing new opportunities and the growth of relations.

Relations between Saudi Arabia and Thailand were officially restored in January 2022, during Thailand’s former prime minister Prayut Chan-o-cha’s visit to Riyadh, when the two countries agreed to appoint ambassadors for the first time in more than three decades.

The visit was reciprocated in November that year, when Saudi Crown Prince Mohammed bin Salman arrived in Bangkok as a guest of honor at the Asia-Pacific Economic Cooperation summit and became the first Saudi official to make such a trip.

Many agreements and official exchanges have since followed. Not only the volume of trade between the two countries has significantly increased, but also people-to-people exchanges and political consultations.

The ties were further solidified last week, when Saudi Foreign Minister Prince Faisal bin Farhan visited Thailand, leading the Kingdom’s delegation at the inaugural meeting of the Saudi-Thai Coordination Council. The meeting drove further bilateral cooperation in politics, consular affairs, security and military ties, culture, tourism, economy and trade.

Alhuda Chanitphattana, a Middle East expert from Bangkok University, told Arab News that while over the past three years there has been significant growth in various industries, especially tourism and cooperation between small and medium-sized enterprises, last week’s visit marked another milestone in relations.

“The Jan. 16 meeting was a hopeful step in the history of our ties,” she said.

“The Saudi foreign minister was here himself, bringing along the press, and the meeting was able to set up a number of significant collaborations.”

The Tourism Authority of Thailand estimated that since the restoration of ties, the number of Saudis visiting the Southeast Asian nation has risen threefold, as it expected 300,000 Saudi travelers in 2025.

Since the resumption of diplomatic relations in 2022, bilateral trade has grown by more than 30 percent, surpassing $7 billion. Key Thai exports include automobiles, wood products and canned seafood, while Saudi Arabia primarily exports crude oil, chemicals and fertilizers to Thailand.

The upside is seen especially in the automobile sector.

“Thailand’s car and car parts export to Saudi Arabia grew by 40-50 percent in the past year due to more demand in the Kingdom,” Chanitphattana said. “Thai mechanics are in high demand now.”

The establishment of a Thailand Board of Investment office in Riyadh in July 2024 has also underscored the country’s commitment to supporting Saudi Vision 2030 and attracting investors from the Kingdom.

“There was a Thai exporter of essential oils who was earlier based in Dubai, but after 2022, he moved to Riyadh and opened an office in King Abdullah Financial District,” Chanitphattana said, adding that the Thai Chamber of Commerce is open to helping other businesses match with Saudi counterparts.

One such entrepreneur is Manoj Atmaramani, who in 2022 was among the first Thais to join a hotel, restaurant and cafe/catering event in Saudi Arabia.

That visit bore fruit. Today, Atmaramani exports tea and coffee products to the Kingdom and his business is growing.

“Now Saudi people can travel here, and Thai people can travel there. I have taken many Saudi businesspeople to my factory. I have also visited coffee factories in Saudi Arabia. I would advise the Thai businesspeople to present themselves at the business exhibitions in Saudi Arabia,” he said.

“Saudi Arabia is my first export market outside of Southeast Asia. My product lines have expanded since.”