Thailand seeks free trade agreement with Gulf nations to boost investment

Thailand’s government spokesperson, Chai Wacharonke, declared the country’s intention to establish a free trade agreement with the Gulf Cooperation Council (GCC) member nations, aiming to enhance trade and investment relations. Prime Minister Srettha Thavisin recently concluded his visit to Saudi Arabia, where he participated in the Asean-GCC Riyadh Summit at the Ritz-Carlton.

During the visit, the 61 year old prime minister engaged in bilateral discussions with the Saudi Crown Prince and Prime Minister Mohammed bin Salman Al Saud, where both leaders articulated their commitment to bolster the Thai-Saudi trading and investment relationship. Srettha expressed his appreciation towards the Crown Prince for his efforts in rejuvenating the diplomatic ties between the two nations following a past fallout.

The past two years have witnessed extensive…