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Team Thailand+ in US: Trade, Investment, USTR Talks

Team Thailand+ in US: Trade, Investment, USTR Talks

Prachachat•Economy•20d ago

Reader Briefing

Thailand's 'Team Thailand+' convenes in the US to foster investment, strengthen trade relations, and address bilateral economic challenges.

  • •A Thai delegation, 'Team Thailand+', is participating in the SelectUSA Investment Summit 2026 in the United States.
  • •The delegation is focused on boosting trade and investment between Thailand and the US, engaging with the USTR and private sector leaders.
  • •Discussions include signing an MOU for US agricultural imports and exploring economic cooperation with Illinois.
  • •The overall objective is to address the trade imbalance and enhance mutual economic development.

Overview

  • •On May 3-6, 2026, 'Team Thailand+' participated in the SelectUSA Investment Summit 2026 in Maryland, USA.
  • •'Team Thailand+', led by Supachai Suthumphum, Panpree Bahiddha-Nukara, and Pote Areramthong, commenced its mission at the SelectUSA Investment Summit 2026 in the US to enhance trade and investment opportunities.
  • •The SelectUSA Investment Summit 2026 was hosted by the US Department of Commerce, attracting over 2,700 investors and 1,100 economic development organizations from around the world.
  • •Supachai Suthumphum, Deputy Prime Minister and Minister of Commerce, met with the US Trade Representative (USTR) to promote trade and investment cooperation and facilitate trade.
  • •An MOU was signed for the import of agricultural products from the US between the Thai Feed Mill Association and US private sector partners, aiming to bolster raw material security and supply chains.
  • •Panpree Bahiddha-Nukara, Chairman of the Advisory Board to the Deputy Prime Minister and Minister of Foreign Affairs, met with the American private sector and the U.S.-ASEAN Business Council to explore business cooperation and investment expansion in the US.
  • •The Thai delegation met with Senator Tammy Duckworth to discuss economic cooperation opportunities with the state of Illinois.
  • •Dr. Pote Areramthong stated that the increased participation of the Thai private sector signifies Thai businesses' readiness for overseas investment and their desire to attract US businesses to Thailand.

Full article content is available on the original source.

Read on Prachachat (Thai Version)View in Google Translate

Source: Prachachat (Original)

Key Quotes

Dr. Pote Areramthong
"Thai private sector intends to be part of resolving trade imbalance issues and increasing overseas investment roles to fully support trade negotiation teams."
ภาคเอกชนไทยมีความตั้งใจที่จะร่วมเป็นส่วนหนึ่งในการแก้ไขปัญหาความไม่สมดุลทางการค้า และเพิ่มบทบาทด้านการลงทุนในต่างประเทศ เพื่อสนับสนุนการทำงานของทีมเจรจาการค้าให้สามารถดำเนินการได้อย่างเต็มที่ในระยะต่อไป

Key Entities

Organization

Team Thailand+
A Thai delegation composed of high-level government and private sector representatives aimed at enhancing bilateral trade and investment.
US Trade Representative (USTR)(USTR)ℹ️
The US government agency with whom Thai officials discussed trade and investment cooperation.
Thai Chamber of Commerce(หอการค้าไทย)
A key organization represented in the 'Team Thailand+' delegation, aiming to enhance trade and investment.
Ministry of Commerce(กระทรวงพาณิชย์)
A Thai government ministry participating in the 'Team Thailand+' delegation, focused on trade and investment promotion.
Ministry of Foreign Affairs(กระทรวงการต่างประเทศ)
A Thai government ministry involved in the 'Team Thailand+' delegation, supporting diplomatic and economic engagement.
Thai Feed Mill Association(สมาคมผู้ผลิตอาหารสัตว์ไทย)
An organization that signed an MOU for the import of US agricultural products to enhance raw material security.
U.S.-ASEAN Business Councilℹ️
A business council with whom Thai officials explored opportunities for business cooperation and investment expansion.

Person

Supachai Suthumphum(ศุภจี สุธรรมพันธุ์)
Deputy Prime Minister and Minister of Commerce of Thailand, leading a delegation to the SelectUSA Investment Summit.
Panpree Bahiddha-Nukara(ปานปรีย์ พหิทธานุกร)
Chairman of the Advisory Board to the Deputy Prime Minister and Minister of Foreign Affairs of Thailand, part of the 'Team Thailand+' delegation.
Pote Areramthong(พจน์ อร่ามวัฒนานนท์)
Chairman of the Thai Chamber of Commerce and Board of Trade of Thailand, participating in the 'Team Thailand+' delegation.
Tammy Duckworthℹ️
A US Senator with whom the Thai delegation discussed economic cooperation, particularly concerning Illinois.

Place

United States(สหรัฐฯ)ℹ️
The host country of the SelectUSA Investment Summit 2026 where Thai delegations engaged in discussions.
State of Illinois(รัฐอิลลินอยส์)ℹ️
A US state with which the Thai delegation explored economic cooperation opportunities.