Hungary has been courted by Thailand for potential investment opportunities in a bid to broaden the Southeast Asian nation’s global influence or soft power. This strategic call for investment was made by the Deputy Prime Minister of Thailand, Phumtham Wechayachai, in a recent conversation with Sandor Sipos, the Hungarian Ambassador to Thailand.
The dialogue, which took place yesterday, comes ahead of the upcoming 50th anniversary of the diplomatic relationship between the two countries in 2024. In recognition of this milestone, Sipos presented Phumtham with a commemorative medal. Phumtham, who also holds the position of Thailand’s commerce minister, stated that the key focus of their talks was on economic and commercial cooperation, with particular attention paid to opportunities for income generation, export promotion, and business growth.
Hungary,…
