Both countries are full members of APEC and the Organization for Security and Co-operation in Europe (Russia is a participating state and Thailand is a partner).

Chulalongkorn had hoped for Russian support to help counterbalance the French, who were exerting colonialist pressure on Siam, especially following the Franco-Siamese crisis of 1893.

Alexander Olarovsky was posted as chargé d'affaires and consul-general in Bangkok, arriving in April 1898, and was elevated to resident minister that October.

[2] Siam was represented by Phraya Suriyanuwat [th], Chulalongkorn's envoy to France, Italy and Spain, who was resident in Paris.

[10] In October 2008 Thai Prime Minister Somchai Wongsawat agreed to purchase Russian Mi-17 military helicopters, breaking with dependence on American weapons,[citation needed] however his government was ousted two months later.

Russia also wants to increase investment of information technology in Thailand, as many Russian investors have set up base in Rayong's Amata industrial estate.

[14] Thailand voted in favor of United Nations General Assembly Resolution ES-11/1 which condemned the 2022 Russian invasion of Ukraine, and also voted in favor of United Nations General Assembly Resolution ES-11/2, which sought to reaffirm the condemnation.