The fifth round of economic meetings between Japan and Thailand closed Sept. 3, with the two nations calling for a “new dimension” of cooperative relations as equal partners as the next century approaches.

During the two-day meeting, Japan and Thailand agreed that new economic relations should be underpinned with close and strong cooperation to achieve sustainable and environmentally viable economic development, cultural exchanges, free and fair trade, and mutual cooperation to cope with regional and global issues. Specifically, the two nations agreed to cooperate in the development of human resources, technology transfer, investment promotion and the improvement of productivity to help the Southeast Asian nation improve its economic competence.

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