Thailand is reviving the Joint Trade Commission (JTC) with Myanmar for the first time in over 10 years following the Myanmar President's state visit in August 2026. The two countries aim to increase bilateral trade to $12 billion by 2032 by removing trade barriers, streamlining import licensing, enabling Thai baht use for investment transactions, and expanding cooperation in energy, manufacturing, and other sectors. Currently, Myanmar is Thailand's 8th largest ASEAN trading partner with $7.4 billion in total trade during 2025.