On 22 July 2026, the Royal Thai Embassy, Seoul, in collaboration with the Board of Investment of Thailand, the Korea Medical Devices Association, the Korea Medical Devices Industry Association, and the National Innovation Agency and with the support of the Ministry of Foreign Affairs of the Kingdom of Thailand, The Korea Herald, and Bangkok Bank, hosted the “Thailand-Korea Business Forum: Biohealth, Medtech, Wellness, and Future Food." This event was attended by over 200 representatives from government agencies, the private sector, educational institutions, and associations, as well as investors and businessmen from Thailand and the ROK.

Distinguished guests from both countries joined in the forum. H.E. Mr. Sarun Charoensuwan, Vice Minister for Foreign Affairs, delivered the opening remarks, followed by Prof. Dr. Yodchanan Wongsawat, Deputy Prime Minister of Thailand and Minister of Higher Education, Science, Research, and Innovation, gave the keynote address on “Driving Thailand Towards Medical and Wellness Innovation Hub". Mrs. Uthaiwan Wattanasuwakul, Director of the Competitiveness Enhancement Division and Acting Investment Advisor (Senior Policy and Planning Analyst) of the Board of Investment of Thailand, also gave the keynote address on "Investment Opportunities in Thailand and Supporting Policies for the Medical and Healthcare Industry", Mr. Lee Young Gyu, President of the Korea Medical Devices Association, and Mr. Kim YoungMin, President of the Korea Medical Devices Industry Association, also offered congratulatory remarks.

During this event, the speakers from Thailand and the ROK agencies shared best practices on investing in Thailand and introduced investment and business opportunities in Thailand, particularly in the fields of biohealth, medtech, wellness, and future food. In addition, exhibition booths from several leading Thai public and private sectors, for instance, the Board of Investment of Thailand, Eastern Economic Corridor Office, and Seoul-Thailand Startup and Innovation Space (STSiS) were present for providing information and advice to Korean businesses and investors.

On the same day, the Royal Thai Embassy, Seoul, together with the Board of Investment of Thailand, organised a 1-on-1 meeting between more than 50 Thai and ROK agencies and companies to establish business networks, which will lead to new opportunities for the further development and expansion of economic cooperation in these four areas.