Japan · Nation Thailand
Thailand and Malaysia target US$30bn trade by 2027
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Thailand and Malaysia reaffirmed their commitment to achieving US$30 billion in bilateral trade by 2027 during ministerial talks in Bangkok on October 27, 2026, while backing faster progress on border transport projects and closer security cooperatio
Key facts
- Thailand and Malaysia agreed to convene the fourth Joint Trade Committee meeting at the earliest opportunity to strengthen economic cooperation and discuss a new trade target, alongside their existing commitment to US$30 billion by 2027.
- Thai Deputy Prime Minister and Foreign Minister Sihasak Phuangketkeow and Malaysian Foreign Minister Dato’ Seri Utama Haji Mohamad bin Haji Hasan led the discussions at the Waldorf Astoria Bangkok during Mohamad’s working visit to Thailand
- The JDS meeting reviewed progress under its 2024–2027 strategic plan
- Both sides welcomed the positive momentum in relations following the Thai prime minister’s official visit to Malaysia in July 2026 and agreed that the JDS and JC meetings should deliver concrete progress.
- Thailand will host the eighth annual consultation between the two prime ministers as the countries prepare to celebrate the 70th anniversary of diplomatic relations in 2027.
- Thailand congratulated Malaysia on its successful chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2025
Summary
Thai Deputy Prime Minister and Foreign Minister Sihasak Phuangketkeow and Malaysian Foreign Minister Dato’ Seri Utama Haji Mohamad bin Haji Hasan led the discussions at the Waldorf Astoria Bangkok during Mohamad’s working visit to Thailand on October 27–28.
The ministers co-chaired the seventh ministerial meeting of the Thailand–Malaysia Committee on Joint Development Strategy for Border Areas (JDS) and the 16th meeting of the Joint Commission for Bilateral Cooperation (JC), according to Thailand’s Ministry of Foreign Affairs.