Thai-Russian Chamber of Commerce

TRCC Executive Committee friendly dinner reception hosted by Admiral Vasinsan Chantavarin at the Royal Thai Navy Officer’s Club, attended by H.E. Mr. Yevgeny Tomikhin, Ambassador of the Russian Federation to Thailand on 12th May 2022.

Newly elected TRCC President Mr. Vitaly Kiselev attended the annual Board of Trade meeting and Reception at Centara Grand Convention Center on 5th May 2022

The Thai-Russian Chamber of Commerce (TRCC) organized its 16th Annual General Meeting (AGM) on Thursday, 16th September 2021 by online video conference via Google Meet. The event started with the report of previous activities by Dr. Sombat Thiratrakoolchai, TRCC President. After the report, there were the opening speeches from H.E. Mr. Evgeny Tomikhin, Ambassador of the Russian Federation to the Kingdom of Thailand and H.E. Mr. Sasiwat Wongsinsawat, the Ambassador of the Kingdom of Thailand to the Russian Federation.

Both Ambassadors have given warm greetings with update of economic and social relation between Thailand and Russia.

After the opening speeches, there was the short talk from keynote speaker, Mr. Stanley Kang, Chairman of the Joint Foreign Chambers of Commerce in Thailand on the topic of ““Introduction to JFCCT & Trends of Businesses during and after Covid-19”.



TRCC concluded the AGM with the presentations of Certificates of Recognitions to three of TRCC members for their excellence in high standard and quality for performance, services and facilities.

https://www.bangkokpost.com/business/2128823

The Day of Russia H.E. Mr. Evgeny Tomikhin, Russian Ambassador to Thailand.

The Thai – Russian Chamber of Commerce (TRCC) organized its 15th Annual General Meeting (AGM) on Tuesday, the 22nd of September 2020 at Royal Orchid Sheraton Hotel & Towers. The event started with the report of previous activities by Dr. Sombat Thiratrakoolchai, TRCC President. After the report, there was an opening remarks from H.E. Mr. Evgeny Tomikhin, Ambassador of the Russian Federation to the Kingdom of Thailand. His Excellency has given warm greeting with update of economic and social relation between Thailand and Russia.

After the opening remarks, there were the short talks and presentations from the two distinguished guest speakers, one was Mr. Vitaly Kisselev, TRCC Vice-President, on the topic of “Current State and Future Trends of Thai-Russian Trade Relations”, the other one was Mr. Nikita Derkach, TRCC Executive Director, on the topic of “Thai Distribution Center (TDC), Russia”. TRCC concluded the AGM with the presentations of Certificates of Recognitions to three of TRCC members for their excellence in high standard and quality for performance, services and facilities, including the presentations of certificate of gratitude toward sponsors of the event. Later on, participants in the meeting and other distinguished guests were invited to join the Networking Event with Russian Vodka and lucky draws.

Grateful thanks to our big sponsor : Charoen Pokphand Foods Public Company Limited for hosting the reception and other sponsors : Bangpakok Hospital Group Co., Ltd., Export-Import Bank of Thailand, Oranvanich Co., Ltd., Thai Sturgeon Farm Co., Ltd., TPI Polene Public Company Limited , True Visions Group Company Limited and everyone who participated these two events.

DISCUSSION OF THE PROSPECTS FOR PARTICIPATION OF TAT AND THAI BUSINESSMEN
24-27 April 2019 at Pacific Tourism Forum with Thanatip Upatising Ambassador Extraordinary and Plenipotentiary of the Kingdom of Thailand to the Russian Federation

TRCC President and Executive Committee Members paid courtesy call on the H. E. Mr. Evgeny Tomikhin, the new Russian Ambassador at the Embassy of the Russian Federation in Thailand on 7th February 2019.

Thai-Russian Chamber of Commerce organized a seminar on "Thailand-Russia-BRICS : Enhancing Trade & Investment" on Thursday, 21st November 2019 at The Sukhothai Bangkok Hotel. It started at 16.00 hrs. The participants (TRCC advisors, former presidents, members & potential members) were given a warm welcome by H. E. Mr. Evgeny Tomikhin, the Ambassador of the Embassy of the Russian Federation to the Kingdom of Thailand and an opening speech by Dr. Sombat Thiratrakoolchai, President of Thai-Russian Chamber of Commerce.

This seminar is aimed to promote the co-operation between private and government sectors and to encourage more mutual trade, investment and tourism as well as strengthening mutual relations between Thailand, Russia & BRICS countries (Brazil, Russia, India, China & South Africa) in a form of short talks and presentations from the distinguished guest speakers : Mr. Phasit Chudabuddhi, Director of Eastern Europe Division, Department of European Affairs, Ministry of Foreign Affairs of Thailand on the topic of” Future of Russia & Thailand”, Mr. Bob Fox, JFCCT Policy Coordinator & ICT Committee Chair, Joint Foreign Chambers of Commerce in Thailand, on the topic of “Roles of JFCCT with Foreign Chambers in Thailand”, Mr. Marcelo Souza, President of Brazil-Thailand Chamber of Commerce, on the topic of “How the Confederation of BRICS in Thailand Gives the Positive Value for BRICS’ Economy” and the last one : Dr. Sombat Thiratrakoolchai, on the topic of “CPF’s Investment in Russia”.

After the seminar at 18.00 hrs., there were some business contacts/discussions among the participants in the lively and warm networking reception for celebrating the 14th year anniversary of TRCC. Thai and Russian cultural shows were performed, along with various food, vodka, wine and other drinks.



The highlight of the evening was the lucky draw prizes donated by Alpha Trade International Co., Ltd., Charoen Pokphand Foods Public Company Limited, Siam Porosus Co., Ltd. and Zeotech International Co., Ltd.

Grateful thanks to the events sponsors : Boonrawd Trading International Co., Ltd., Charoen Pokphand Foods Public Company Limited, Export-Import Bank of Thailand, Legal Advisory Council Limited, Loxley Public Company Limited, Oranvanich Co., Ltd., Siam Porosus Co., Ltd. & TPI Polene Public Company Limited and everyone who participated these two events.

The Annual General Meeting (AGM) No. 14/2019 held on Wed. 24th April 2019 at Mercure Bangkok Makkasan Hotel.

Seminar on “Thailand & BRICS” on 8th November 2018 at Mercure Bangkok Makkasan Hotel. There were the short talks and presentation from the distinguished speakers, Mr. Sasiwat Wongsinsawat, Director-General, Department of European Affairs, Ministry of Foreign Affairs of Thailand, Mr. Marcelo Souza, President of the Brazil-Thailand Chamber of Commerce, Mr. Vitaly Kisselev, TRCC Vice-President, Ms. Ekaterina Okisheva, former TRCC Executive Director and Mr. Pattanapong Tansomboon, First Senior Vice-President, Kasikornbank Public Company Limited.

The seminar was followed by the networking reception for celebrating the 12+1 year anniversary of TRCC. There were the lucky draw prizes donated by Alpha Trade International Co., Ltd., Charoen Pokphand Foods Public Company Limited and Legal Advisory Council Limited.

Grateful thanks to the events sponsors : Asia Amazing T.V., Boonrawd Trading International Co., Ltd., Charoen Pokphand Foods Public Company Limited, Creatus Corporation Limited, Export-Import Bank of Thailand, Kasikornbank Public Company Limited, Oranvanich Co., Ltd., Rus Thai Business Group Co., Ltd., TPG Development Co., Ltd., TPI Polene Public Company Limited, Zeotech International Co., Ltd. and everyone who participated these two events.

TRCC at The 17th General Council Meeting, International Chamber of Commerce - "ICC Thailand Dinner Talk & Networking Present & Future of Tourism Industry and the Impact to Thailand Economy" with Keynote address by H.E. Kobkarn Wattanavrangkul, Minister of Tourism and sort on the 03 Oct 2017 at Sheraton Grande Shukhumvit Hotel, Bangkok

Dear TRCC Members,

The new TRCC weekly newsletter dated October 02-08, 2017 informs on some interesting key events of the Russian economy as follows :

· The Russian government approved the plan of the Ministry of economic development for 2018-2020. According to the Ministry, at the beginning of the next credit cycle in the Russian economy, which began in the 2nd half of 2017, in the target scenario in the implementation of Pro-cyclical measures it will allow to return to average global GDP growth rate by 3.1% by 2020. The rate of the economy looks quite risky: the Ministry didn’t show exact confirmations of entry in the rising phase of the cycle, but at such a small increase it is particularly fragile. Speaking about the plan of the Ministry, Bloomberg called the Minister Maxim Oreshkin as "a favorite of President Vladimir Putin”;

· Eurasian banks’ experts believe that the sanctions and retaliatory Russian counter-sanctions have led to growth of import substitution, primarily in the agricultural sector. For example, agriculture, protected by the Russian counter-sanctions and measures of the state support is not the only industry where there have been these processes. Successfully such areas as chemicals, pharmaceuticals are developing faster, Russia gained an advantage in import substitution of software in this field Russia has reached a volume of $7 billion in IT exports, whereas 3 years ago it was $3.6 billion;

· Part of leading Western companies, primarily operating in the grocery sector. after the imposition of sanctions not simply remained on the Russian market, but increased production using the now fully Russian raw materials and their businesses technologies working in Russia. This contributed to the creation of new jobs and preservation of the familiar to domestic consumers of foreign brands. In other spheres manufacturers that are interested in preserving the Russian market, move production to Russia or cooperate with Russian companies;

· The Russian Ministry of agriculture is sure that in 2017-2018 Russia will be able to regain world leadership in the export of wheat, as it expects to increase export by 20% (30 million tons). Overall food exports will be increased from $17 billion to $20 billion; according to experts forecast, the Ministry of agriculture stays on expectations of a historical record grain harvest (more than 127 million tons), although a week ago it gave rather restrained assessment. As an additional incentive for export the Ministry developed the mechanism of zeroing of tariffs for transportation of grain from remote regions (e.g., Siberia and the Urals) to the southern ports- it expects to launch it in October 2017. At a government meeting, Prime Minister said that this year's grain harvest may prove to be more than last year. The Minister of agriculture is even more optimistic in his assessments promising to beat the historical record (it was 127 million tons in 1978). Russia already collected almost 85% of the harvest, and produced 122 million tones in bunker weight, which gives grounds to say that we can confidently prove that in 2017 will be a record harvest for all history of Russia and the Soviet Union.(117 million tons) in spite of poor weather conditions in several regions;

· Last month an exchange rate of the U.S. dollar against foreign currencies made a new record. Due to high oil prices, the ruble was among the "Islands of stability", slightly weakening the position of the U.S. dollar. After an almost continuous decline in the previous six months, the U.S. currency began to regain lost ground. According to Bloomberg the last three days, the rise of the dollar to leading world currencies accounted by 1.2–2%. We believe, this week an exchange rate of US Dollar to RBL will stay in a corridor of 57,50-58,50 RUB/$.

We trust that you will find this brief newsletter informative and useful for your business.

Should you need some details or have any questions don’t hesitate to contact TRCC.

With the very best regards and deep respect.

Truly yours,

Prof. Sourat, Executive Director
of Thai-Russian Chamber of Commerce