Thai Prime Minister Advocates for Free Trade and Green Transition in Asia
Key Ideas
- Thai Prime Minister emphasizes the importance of free trade for boosting investment in Asia and highlights ongoing FTA negotiations.
- Srettha Thavisin advocates for support of the multilateral trading system, with a focus on green transition and digitization in the region.
- Thailand aims to attract more investment in green hydrogen, CCUS technology, and carbon credit markets to strengthen its business ecosystem.
- The country is determined to enhance its global competitiveness and has expressed interest in joining the OECD.
Thai Prime Minister Srettha Thavisin addressed the Nikkei's Future of Asia Forum in Tokyo, stressing the significance of free trade in driving investment in Asia. He highlighted Thailand's efforts in negotiating FTAs, with 15 already in place and talks ongoing for more, including with the European Union. Thavisin also emphasized the importance of supporting the multilateral trading system and promoting green transition and digitization in the region. Thailand is focused on attracting investment in green hydrogen, CCUS technology, and expanding carbon credit markets. Additionally, the PM expressed the country's commitment to enhancing its global competitiveness by building a robust business ecosystem and has signaled interest in joining the OECD.