31.1 C
Bangkok
Tuesday, May 7, 2024

Thailand’s new PM seeks free-trade agreement expansion to lure major foreign investors

FILE PHOTO-Thailand’s Prime Minister Srettha Thavisin addresses the 78th Session of the U.N. General Assembly in New York City, U.S., September 22, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights

  • To court EV firms, support next phase of traditional auto-making
  • Won’t favour U.S. or China, remains loyal to Japan – PM
  • To steer clear of price guarantees for farmers, unless necessary

BANGKOK, Sept 29 (Reuters) – Thailand’s new prime minister said on Friday he was committed to transforming the country into a major foreign investment destination, including pursuing more free trade deals and expanding manufacturing of both electric and traditional autos.

In a wide-ranging speech at a forum, Srettha said his government would improve infrastructure and water management, upgrade airports to boost tourism, expand free trade agreements (FTA) to compete with neighbours, and make…

Read more…

Latest Articles