Thai Prime Minister Seta's visit extends "olive branch" to ASEAN neighbors
Thai Prime Minister Seta visits Asean periphery to attract investment in a bid to strengthen trade ties with major regional economies。
On October 8, Thai Prime Minister Srettha Thavisin began a five-day visit to Hong Kong and key members of the Association of Southeast Asian Nations (ASEAN).。It's not hard to see that the new leader is trying to attract investment for Thailand。
Thailand's foreign ministry said the trip will start in Hong Kong and will also include Brunei, Malaysia and Singapore.。An official confirmed that the plan for the visit had not been changed by the recent Palestinian-Israeli conflict.。Dozens of Thai citizens killed, wounded or captured in Israel。
Thailand is struggling to recover after COVID-19, so attracting more investment from Asia and beyond is crucial for the Thai economy。As of the end of June, Thailand's economic growth rate for the quarter was only 1..8%, well below economists "expectations。
it is learned that thai prime minister seita will meet with hong kong chief executive martin lee on october 9 to discuss economic relations。Hong Kong has been a key city for Thailand to attract new foreign investment。
Thai government spokesman Chai Watcharong said: "The visit is aimed at welcoming Hong Kong investors and the Prime Minister will listen to their suggestions so that policies can be formulated to facilitate and support them.。He added that SETA will also meet with executives of Hong Kong companies to promote investment opportunities in Thailand.。
On October 10, Seta will meet with Brunei Sultan Haji Hassanal Bolkiah to discuss expanding bilateral cooperation。
Next, Sata will visit Malaysian Prime Minister Anwar Ibrahim on October 11, covering trade and investment, security and border development.。In 2022, Malaysia was Thailand's fourth largest trading partner and Thailand's largest trading partner within ASEAN.。Not only that, Malaysia was the second largest country in ASEAN to invest in Thailand that year.。
on october 12, seta, the last leg of this visit, will arrive in singapore to meet with the country's prime minister lee hsien loong。Singapore is ASEAN's largest investor in Thailand, but Bangkok officials hope that Singapore will step up its "Thailand 4" investment in Thailand..0 "technology-driven investment effort。
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