Phiphat meets Russia-Thailand Business Council on transport tech

MGR Online•Economy•18d ago

Reader Briefing

Deputy Prime Minister Phiphat Ratchakitprakan led a transport team to Moscow to discuss investment and technology transfer with the Russia-Thailand Business Council.

•Phiphat Ratchakitprakan and a Ministry of Transport delegation met with the Russia-Thailand Business Council in Moscow, Russia.
•The discussion focused on expanding cooperation under an existing MOU to reduce transport costs and enhance logistics across rail, land, water, and air dimensions.
•Russian companies presented capabilities in rail locomotives, passenger cars, and rail systems equipment.
•The second Russia-Thailand Investment Forum is scheduled for October 2026 in Bangkok.

Overview

•Phiphat Ratchakitprakan and the Ministry of Transport team met with the Russia-Thailand Business Council led by Ivan Ivanovich Demchenko in Moscow, Russian Federation.
•The Russian side presented capabilities in locomotives, passenger cars, and rail system equipment, as well as interest in Thailand's automotive parts industry.
•Phiphat Ratchakitprakan stated that the Russian side is interested in transport and logistics across four dimensions: rail, land, water, and air.
•Russian firms including FESCO, Novostal-M, Rosatom Logistics, and TMH exchanged proposals for future cooperation with Thailand.
•Phiphat Ratchakitprakan noted that Thailand is open to studying rail technology based on standards, safety, cost-effectiveness, and benefits to Thailand.
•Discussions included IT solutions for transport, petroleum product procurement, and increasing direct flights between Thailand and Russia.
•Russian business representatives are scheduled to visit Thailand to negotiate specific potentials with the public and private sectors.
•The Ministry of Transport intends to send representatives to the 2nd Russia-Thailand Investment Forum in Bangkok in October 2026.

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Key Quotes

Phiphat Ratchakitprakan

"Russian business sectors are scheduled to travel to Thailand to connect Russian businesses with relevant Thai government agencies, state enterprises, and private sectors, considering potential issues by sector to push proposals toward more detailed and concrete negotiations."

ภาคธุรกิจรัสเซียมีกำหนดเดินทางมายังประเทศไทย เพื่อเชื่อมต่อภาคธุรกิจรัสเซียกับหน่วยงานภาครัฐ รัฐวิสาหกิจ และภาคเอกชนไทยที่เกี่ยวข้อง โดยจะพิจารณาประเด็นที่มีศักยภาพเป็นรายสาขา เพื่อผลักดันจากข้อเสนอไปสู่การเจรจาที่มีรายละเอียดและเป็นรูปธรรมมากขึ้น

Key Entities

Person

Phiphat Ratchakitprakan(พิพัฒน์ รัชกิจประการ)

Deputy Prime Minister and Minister of Transport who led the delegation to Moscow.

Chayatham Promsorn(ชยธรรม์ พรหมศร)

Permanent Secretary of the Ministry of Transport.

Sorapong Paitoonpong(สรพงศ์ ไพฑูรย์พงษ์)

Director General of the Department of Land Transport.

Anan Phonimdaeng(อนันต์ โพธิ์นิ่มแดง)ℹ️

Governor of the State Railway of Thailand.

Ivan Ivanovich Demchenko(อีวาน อีวาโนวิช เดมเชนโก)

Leader of the Russia-Thailand Business Council.

Organization

Ministry of Transport(กระทรวงคมนาคม)ℹ️

The Thai government ministry seeking to open cooperation to state, private, research, and educational sectors.

Russia-Thailand Business Council(สภาธุรกิจรัสเซีย–ไทย)

The organization that presented cooperation and investment guidelines to the Thai delegation.

Department of Land Transport(กรมการขนส่งทางบก)

A government department represented by Sorapong Paitoonpong.

State Railway of Thailand(รถไฟแห่งประเทศไทย)ℹ️

The state rail organization represented by Anan Phonimdaeng.

FESCO

A Russian business entity operating in transport and logistics.

Novostal-M

A Russian business entity operating in the steel industry.

Rosatom Logistics

A Russian business entity operating in logistics.

TMH

A Russian business entity operating in rail system technology and industry.

Place

Moscow(กรุงมอสโก)ℹ️

The location where the discussions between the Thai delegation and the Russian business council took place.

Russian Federation(สหพันธรัฐรัสเซีย)ℹ️

The country where the meeting occurred.

Bangkok(กรุงเทพมหานคร)ℹ️

The scheduled location for the Russia-Thailand Investment Forum.