Thailand Aims for Global Trade Alliances

Matichon•Economy•1d ago

Reader Briefing

Thailand is redefining its trade strategy to become a universal trade partner, guided by insights from the UNCTAD Trade and Development Report 2025.

•Thailand is adopting a new trade direction, aiming to be allies with all countries.
•This strategy involves integrating economic and foreign policies through economic diplomacy.
•Key strategic directions include market diversification, FTA upgrades, and financial strengthening.

•The International Institute for Trade and Development (ITD) collaborated with government ministries and UNCTAD to analyze global economic trends.
•A seminar on 'Navigating Global Trade Shifts' was held to discuss the UNCTAD Trade and Development Report 2025.
•Sihasak Phuangketkeow stated that global trade faces complex and uncertain structural changes, necessitating integration of economic and foreign policy.
•Supachai Suthampan reaffirmed Thailand's commitment to the 'Ally to All' principle, partnering with all nations.
•Thailand will derive three strategic approaches from the TDR 2025, focusing on market diversification, FTA upgrades, and financial strengthening.
•The new trade direction is a response to significant shifts in the global economic and trade landscape, as highlighted by the TDR 2025.
•Thailand aims to enhance its competitiveness and expand cooperation with various countries and regions through economic diplomacy.
•The UNCTAD Trade and Development Report 2025 is crucial for developing countries, emphasizing the link between trade, finance, and development amidst global economic vulnerabilities.
•Sihasak Phuangketkeow highlighted that trade protectionism and domestic-focused policies reflect a reorganization of the global trade system, presenting challenges and opportunities for Thailand.

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Sihasak Phuangketkeow

"The global economy and trade are facing increasingly complex and uncertain structural changes."

เศรษฐกิจและการค้าโลกกำลังเผชิญการเปลี่ยนแปลงเชิงโครงสร้างที่ซับซ้อนและไม่แน่นอนมากขึ้น

Sihasak Phuangketkeow

"Therefore, it is necessary to integrate both economic and foreign policy through economic diplomacy."

จึงจำเป็นต้องบูรณาการทั้งนโยบายเศรษฐกิจและนโยบายการต่างประเทศเข้าด้วยกันผ่านการทูตเศรษฐกิจ

Supachai Suthampan

"Thailand remains committed to the principle of 'Ally to All,' meaning being a trade partner with every country."

ไทยยังคงยึดมั่นในหลักการ “Ally to All” หรือการเป็นพันธมิตรทางการค้ากับทุกประเทศ

International Institute for Trade and Development (Public Organization)(สถาบันระหว่างประเทศเพื่อการค้าและการพัฒนา (องค์การมหาชน))

An organization co-organizing a seminar on global trade shifts.

Ministry of Commerce(กระทรวงพาณิชย์)

A ministry co-organizing a seminar on global trade and setting trade strategy.

Ministry of Foreign Affairs(กระทรวงการต่างประเทศ)

A ministry co-organizing a seminar on global trade and emphasizing economic diplomacy.

UN Trade and Developmentℹ️

An organization that released the Trade and Development Report 2025, analyzed by Thailand.

Harvard Club of Thailand(สมาคมนักเรียนเก่าฮาร์วาร์ดแห่งประเทศไทย)

An association co-organizing a seminar on global trade shifts.

Trade and Development Report 2025

A report analyzed by Thailand to set new trade strategies and guide developing countries.

Sihasak Phuangketkeow(นายสีหศักดิ์ พวงเกตุแก้ว)

Minister of Foreign Affairs, who spoke about global trade changes and the need for economic diplomacy.

Supachai Suthampan(นางศุภจี สุธรรมพันธุ์)

Minister of Commerce, who announced Thailand's 'Ally to All' trade principle and derived three strategic approaches from the TDR 2025.