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