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In October 2022, a significant milestone in fostering international collaboration was achieved with the signing of a Memorandum of Understanding (MoU) between Arhipelago, a leading Romanian business and entrepreneurship organization, and Mr. Chakkri Chamikorn, co-founder of the Romanian-Thai Chamber of Commerce. The agreement marks the beginning of a strategic partnership aimed at enhancing economic, trade, and cultural ties between Romania and Thailand.

The MoU, signed during an official ceremony attended by representatives of both organizations, underscores a mutual commitment to support business development and facilitate bilateral trade. It outlines several key areas of collaboration, including promoting investments, organizing trade missions, and facilitating networking opportunities for businesses from both countries.

Key Objectives of the MoU

  1. Facilitating Trade Missions: The partnership aims to organize annual trade missions and economic forums to connect Romanian and Thai entrepreneurs, fostering direct business relationships and partnerships.
  2. Encouraging Bilateral Investments: Both parties will work to attract investments in key sectors, including IT, healthcare, smart technologies, and industrial manufacturing, capitalizing on the strengths of each country’s economic landscape.
  3. Knowledge Sharing and Cultural Exchange: The MoU includes provisions for knowledge-sharing initiatives, cultural programs, and workshops designed to bridge the gap between the two business ecosystems and encourage collaboration at all levels.

Statements from the Signatories

During the signing ceremony, the CEO of Arhipelago highlighted the importance of the partnership:
“This MoU represents a significant step forward in our efforts to internationalize Romanian businesses and connect them to new and dynamic markets like Thailand. By working together, we aim to unlock opportunities for innovation, investment, and growth.”

Mr. Chakkri Chamikorn, co-founder of the Romanian-Thai Chamber of Commerce, expressed his optimism about the partnership:
“Thailand and Romania share a great potential for collaboration. This MoU sets the foundation for long-term cooperation, leveraging the strengths of both countries to achieve mutual prosperity.”

Future Plans

As part of the agreement, the two organizations will jointly develop platforms and programs to support entrepreneurs in accessing resources, knowledge, and market insights. The partnership also aims to address common challenges in international business, such as navigating regulatory frameworks and cultural differences.

The MoU signing signifies the beginning of a new era of cooperation, where businesses from Romania and Thailand will have greater access to each other’s markets, innovative ecosystems, and economic opportunities.

About Arhipelago and the Romanian-Thai Chamber of Commerce

Arhipelago is a renowned Romanian organization specializing in entrepreneurial education, trade missions, and international business development. Through initiatives like Afaceri.ro, it has successfully connected Romanian businesses with international markets.

The Romanian-Thai Chamber of Commerce, co-founded by Mr. Chakkri Chamikorn, is dedicated to promoting trade and investment opportunities between Romania and Thailand, acting as a bridge for businesses to explore mutually beneficial collaborations.

The MoU signed in October 2022 is a testament to the shared vision of these two organizations to drive economic growth and strengthen ties between their respective countries.

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