Bridging Economic Ties: A Look Inside the Thailand-Italy Chamber of Commerce

Bridging Economic Ties: A Look Inside the Thailand-Italy Chamber of Commerce

Thailand-Italy Chamber of Commerce: An Overview

Established in 1979, the Thailand-Italy Chamber of Commerce (TICC) is a non-profit organization with a primary aim to strengthen the economic connections between Italy and Thailand. The organization offers a myriad of services like business matching, market research, legal advice, and event organization. TICC’s work is instrumental in helping Italian companies understand the Thai market dynamics and supports Thai businesses interested in exploring opportunities in the Italian market.

Potential for Economic Cooperation: Food and Beyond

Lorenzo Galanti, the TICC president, elaborated on the potential for economic cooperation between the two countries. He emphasized the role of the food and beverage industry, given Italy’s world-renowned expertise in this area and Thailand’s stature as a major food exporter. Galanti also identified design and fashion, machinery, and automotive sectors as further opportunities for collaboration.

The Impact of COVID-19 on TICC Activities

In the wake of the COVID-19 pandemic, TICC has adapted by shifting many of its activities online. They have organized webinars and online business matching events, which have attracted a considerable number of participants. To further promote Italian products in Thailand, TICC also launched a “Made in Italy” online platform.

Future Plans: Visibility, Networks and Sustainability

Kanokrat Nimsamoot Booth, the Secretary-General of TICC, shared the future plans of the organization. She mentioned that TICC aims to increase the visibility of Italian SMEs in Thailand and strengthen Thai-Italian business networks. She also underscored the importance of sustainability in the future of business, stating that TICC is planning events related to sustainability and innovation.

Conclusion: Fostering Economic Ties Amid Challenges

In conclusion, the TICC plays a significant role in fostering economic ties between Italy and Thailand. Despite the challenges brought by the COVID-19 pandemic, it continues to adapt and innovate, providing valuable services to businesses in both countries. The organization sees potential for collaboration in various sectors, particularly in the food and beverage industry, design and fashion, machinery, and automotive. The future of TICC’s work is also anticipated to focus more on sustainability and innovation, reflecting global trends in business.