Kingdom, Myanmar Set $12 Billion Trade Target, Reopen Border BridgePhoto by Lerdsuwa, CC BY-SA 3.0, via Wikimedia Commons
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Kingdom, Myanmar Set $12 Billion Trade Target, Reopen Border Bridge

Thailand and Myanmar have agreed to raise bilateral trade to US$12 billion and reopened the Second Thailand-Myanmar Friendship Bridge, as the two governments signed three agreements covering labour, water quality and space technology cooperation.

Bangkok One News

1 hour ago

Leaders Agree to Nearly Double Bilateral Trade

Prime Minister Anutin Charnvirakul hosted Myanmar's leadership in Bangkok on August 6, with both sides agreeing to accelerate economic cooperation and raise bilateral trade from US$7.4 billion to a target of US$12 billion. The meeting produced three bilateral agreements covering labour cooperation, water quality management along shared rivers, and Earth observation space technology, reflecting an effort to broaden the relationship beyond traditional border trade.

As part of the renewed push, authorities marked the reopening of the Second Thailand-Myanmar Friendship Bridge linking Mae Sot in Thailand with Myawaddy in Myanmar, a crossing that has served as one of the busiest overland trade routes between the two countries. Officials from both sides said they would also explore reopening additional border checkpoints where security conditions permit, aiming to restore trade flows that had been disrupted in recent years.

Joint Trade Commission to Meet Later This Year

Thailand confirmed it would host the next Joint Trade Commission meeting later in 2026, a forum intended to reduce regulatory barriers and improve the flow of goods across the shared border. The commission has not convened in several years, and officials said its revival reflects growing momentum on both sides to strengthen commercial ties.

The renewed cooperation comes as Thailand remains one of Myanmar's largest trading partners, with more than 100 Thai investment projects registered in the country. Analysts noted that stabilising border trade routes could benefit communities on both sides of the frontier, where cross-border commerce forms a significant part of the local economy in Thailand's western provinces.

Topicsthailand myanmar trade 12 billionmae sot myawaddy friendship bridge reopensthailand myanmar joint trade commissionthai myanmar border trade 2026