Federation of Thai Industries Signs MOU with Business Russia to Connect ASEAN and Eurasian Markets

Key summary

At the RTIF 2026 event, Ms. Pimjai Leeissaranukul, Chairman of the Federation of Thai Industries (FTI), signed a Memorandum of Understanding (MOU) with Mr. Alexey Repik, Chairman of Business Russia, to establish cooperation between Thai and Russian private sectors in promoting trade, investment, and networking among entrepreneurs, as well as business matchmaking and the development of practical joint projects. This signing strengthens business relationships and creates a network connecting the private sectors between the Eurasian and ASEAN regions. Thailand has the potential to be an "ASEAN Gateway" due to its stable banking system, strong supply chains, and strategic location, while Russia serves as a gateway to the Eurasian market. The driving force behind this cooperation is the "Go Together with Russia" concept, which aims to move beyond simple product transactions towards deeper business partnerships through the integration of resources and expertise. Investment opportunities include infrastructure, energy and resources, green economy (Net Zero), pharmaceuticals, and aerospace, as well as medical devices, processed foods, and agriculture. In addition, the Federation of Thai Industries (FTI) discussed with the Krasnodar Region – Investment Promotion Agency of Russia to act as an intermediary connecting the agency with Thai businesses to exchange information, coordinate investment opportunities, and promote business partnerships.