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Monday, May 6, 2024

Bangkok Post – Shifting ties: Thailand’s new balancing act

New geoeconomic realities call for new trade and investment strategies.

Thailand finds itself at a crossroads as global geoeconomic alignments shift amid rapid changes in the technological landscape. Its top trading partners and foreign investors are changing, raising concerns about the relevance of its development model.

While boosting competitiveness remains crucial, Thailand must also avoid trade and investment concentration and diversify its external links.

Efforts in that direction were evident at the Asia-Pacific Economic Cooperation (Apec) CEO Summit in November in San Francisco, which brought together world leaders and top CEOs to discuss the future of trade and growth in the 21-member bloc.

For Thailand, it was yet another opportunity to advocate its investment potential to the rest of the world:…

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