India-Thailand Relations Since 1990

India-Thailand relations have matured over the years. The renewed relationship since the end of the Cold War has laid the ground work for cooperation in the fields of Science and Technology, Information Technology and agriculture. Both countries are important regional partners linking South and Southeast Asia. They cooperate closely in the ASEAN, East Asia Summit (EAS) and BIMSTEC groupings as well as in Mekong Ganga Cooperation (MGC) and Asia Cooperation Dialogue (ACD). The implementation of the India-AESAN Agreement on Trade in Goods from January 2010 and completion of the Comprehensive Economic Partnership Agreement process is an important milestone of the India-ASEAN strategic partnership. The last few years have seen a rapid growth in bilateral trade, which crossed US$ 8 billion mark in year 2011–12. The Framework Agreement on India-Thailand FTA was signed in Bangkok in October 2003 and the second protocol to amend it was signed during the visit of Thai PM to New Delhi in January 2012. The future prospects look bright as bilateral relations are becoming more comprehensive.