The actively developing Armenian-Thai trade and economic relations give occasion for saying that the good turnover between the two countries will make $5 million this year, while it was $3.8 million in 2004. Armenian Deputy FM Armen Bayburdyan stated at a briefing upon signing of the Joint Program of Actions between Armenia and the Kingdom of Thailand. He noted with content that the volume of commodity turnover has increased five times as compared with that past year. At that, in his words, Armenia’s export exceeds the import. As the Deputy FM noted, an important event – the signing of the Joint Program of Actions – has taken place in the developing Armenian-Thai relations, which means the beginning of a new stage in the development of the bilateral relations. A. Bayburdyan also noted that during Armenian PM A. Margaryan’s visit to Thailand in June an agreement was reached with Thai PM Thaksin Shinawatra on the working out of a document, providing for cooperation. Thereupon, MFA of Armenia and Thailand were commissioned to complete the work before September 10 and to sign the document. The document provides for specific bilateral actions, as well as implementation of programs. “I would like to specially note that a permanent expo of Thai goods will open in Yerevan next year and a representation of the House of Commerce and Industry of Armenia will open in Bangkok,” the Deputy FM said. In his words, agricultural relations have especially developed and there is an Armenian-Thai working group in the field. Its first session has been held in Thailand this April, while the second sitting is planned to be held in November. Armen Bayburdyan noted that proceeding from the dynamics of development of bilateral relations one can say that distance is not an obstacle for cooperation.