Trade relations between Thailand and Mozambique are based on the presence of Thai companies that are well-established in Mozambique. Over the past few years, Thai investment in Mozambique has grown significantly. Thailand has invested significant sums in Mozambique’s natural gas, railway line and seaport construction, with its investment in infrastructure expected to reach about $20 billion over the next ten years. The intensification of trade between the two countries has seen business grown significantly stronger in the recent past. Mozambique also cooperates with Thailand within the framework of the Association of Southeast Asian Nations (ASEAN) to boost the potential of the gem industry.