Thailand to sign Peru FTA, to double bilateral trade

SINGAPORE | Tue Nov 10, 2009 7:03am EST

SINGAPORE Nov 10 (Reuters) - Thailand and Peru will sign a free trade agreement on Friday on the sidelines of a regional trade summit in Singapore, and expect the pact to double their bilateral trade from 2010, a senior Thai official said.

"We believe this FTA will boost our bilateral trade by 100 percent from 2010, after 60 percent growth in 2008 from 2007," Deputy Thai Commerce Minister Alongkorn Ponlaboot told Reuters. (Reporting by Nopporn Wong-Anan; Editing by Neil Chatterjee)

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