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Russia's Rostec plans to buy rubber from Thailand, supply hi-tech products there

May 19, 2016, 14:28 UTC+3 SOCHI
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SOCHI, May 19. /TASS/. Russian state-owned corporation Rostec is ready to supply its hi-tech products to Thailand and is interested in buying rubber from the country, Deputy CEO Nikolay Volobuev said on the sidelines of the Russia-ASEAN summit on Thursday.

"Rostec is working at a pilot project on supplying a large run of natural rubber from Thailand," he said.

The corporation is also interested in joint projects on maintenance and after-sale service of helicopters, promotion of urban safety management systems, construction of power engineering facilities, vehicle assembly as well as joint metallurgical productions regarding its cooperation with ASEAN member-states.

Thailand is the world’s biggest rubber exporter and one of the few countries that produce rubber.

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