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PM Anutin leads ASEAN-APEC delegation to attract global investment

PM Anutin leads ASEAN-APEC delegation to attract global investment

Khaosod•Politics•38m ago

Reader Briefing

Prime Minister Anutin Charnvirakul will lead a delegation to ASEAN and APEC summits to promote Thailand's investment strengths and negotiate trade agreements.

  • •Prime Minister Anutin Charnvirakul will attend the 49th ASEAN Summit in Manila, Philippines, and the 33rd APEC Economic Leaders' Meeting in Shenzhen, China, from November 14–19.
  • •The government aims to attract global investors by highlighting Thailand's energy stability, infrastructure, and strategic location.
  • •The Prime Minister intends to discuss the Agreement on Reciprocal Tariffs (ART) and potential trade agreements with the United States.

Overview

  • •Prime Minister Anutin Charnvirakul is scheduled to attend ASEAN and APEC meetings between November 14 and 19.
  • •Prime Minister Anutin Charnvirakul will present Thailand's strengths in energy, infrastructure, and the suppression of grey businesses to global investors.
  • •Prime Minister Anutin Charnvirakul stated that investing in Thailand provides access to a regional market of 700 million people in ASEAN, compared to only 70 million domestically.
  • •Prime Minister Anutin Charnvirakul and Deputy Prime Minister Supajee Suthumpun are pushing for a conclusion on the Agreement on Reciprocal Tariffs (ART).
  • •Prime Minister Anutin Charnvirakul plans to promote a solar roof policy that allows households to sell surplus electricity back to the system with a 50,000 baht support per house.
  • •Prime Minister Anutin Charnvirakul is attending these meetings personally to ensure direct decision-making and avoid disadvantages in bilateral negotiations that occur when sending representatives.
  • •Global investors have expressed interest in Thailand due to government stability, transportation systems, and electricity reliability.

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Key Quotes

Anutin Charnvirakul
"Sometimes we must concede two steps to move forward seven, but there will be no conceding three steps to get back only one."
บางครั้งเราต้องยอมถอย 2 ก้าว เพื่อเดินหน้าไป 7 ก้าว แต่จะไม่มีการถอย 3 ก้าวแล้วได้กลับมาเพียงก้าวเดียว

Key Entities

Person

Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️
Prime Minister and Minister of Interior of Thailand.
Supajee Suthumpun(ศุภจี สุธรรมพันธุ์)
Deputy Prime Minister and Minister of Commerce of Thailand.

Place

Manila(กรุงมะนิลา)ℹ️
The city in the Republic of the Philippines hosting the 49th ASEAN Summit.
Republic of the Philippines(สาธารณรัฐฟิลิปปินส์)ℹ️
The country hosting the 49th ASEAN Summit.
Shenzhen(เมืองเซินเจิ้น)ℹ️
The city in the People's Republic of China hosting the 33rd APEC Economic Leaders' Meeting.
People's Republic of China(สาธารณรัฐประชาชนจีน)ℹ️
The country hosting the 33rd APEC Economic Leaders' Meeting.
United States of America(สหรัฐอเมริกา)ℹ️
A country with which Thailand may confirm a trade agreement during the meetings.

Organization

ASEAN(อาเซียน)ℹ️
A regional organization hosting its 49th Summit in Manila.
APEC(เอเปค)ℹ️
An economic forum hosting its 33rd Leaders' Meeting in Shenzhen.

Policy

Agreement on Reciprocal Tariffs (ART)(Agreement on Reciprocal Tariffs)
A trade agreement that the Thai government is seeking to finalize.
Solar Roof Policy(โซล่ารูฟ)
A government policy allowing households to produce electricity and sell surplus back to the system.