House, Prime Minister discusses with Deputy Minister of Business and Trade. united kingdom Push for potential cooperation especially trade and investment and travel
Lord Dominic Johnson of Lainston CBE, UK Deputy Minister for Business and Trade Paying a courtesy call on Mr. Settha Thavisin, Prime Minister and Minister of Finance. On the occasion of visiting Thailand
The Prime Minister welcomed him and was pleased to meet him. Deputy Minister of Business and Trade again. Thailand and the United Kingdom jointly announced the upgrade of their relationship to a Strategic Partnership on March 20, 2024, providing an opportunity to support joint operations. in important points
Deputy Minister of Business and Trade Appreciate the success of the Prime Minister’s visit to France. Especially attracting foreign investment to Thailand. This visit will be an opportunity to discuss and enhance cooperation in trade and investment between Thailand and the United Kingdom to be more concrete.
For discussion on the issue Tr
ade and investment Thailand and the United Kingdom have considerable trade and investment exchanges with each other. Both sides believe that Thailand and the United Kingdom still have the potential to further enhance cooperation between them. The Prime Minister emphasized the importance of creating a Free Trade Agreement (FTA) between them and asked the United Kingdom for support. The Deputy Minister of Business and Trade sees that FTA is an important mechanism for driving trade. We are ready to support and talk with relevant agencies in this area.
In addition, the Deputy Minister of Business and Trade emphasized that the UK private sector is interested in increasing investment in Thailand. At the UK – Thailand Financial Conference tomorrow (28 March), the Prime Minister will join in giving a special speech. too and there were many private sector participants from the United Kingdom. It will be an important opportunity to promote investment between Thailand and the United Kingdom.
The Prime Minister emphasi
zed Thailand’s potential and readiness to become an investment base. And the government has a policy to develop infrastructure to be ready. There are tax measures. Measures to reduce barriers to continued investment Including guidelines for promoting investment in both the short term and the long term. Therefore, we ask that the UK private sector be confident in increasing investment in Thailand.
While in the field of tourism and exchange at the public level Thailand and the United Kingdom have close people-to-people exchanges. Especially the exchange of students, students and tourists between each other. The Prime Minister asked both sides to jointly push for an increase in flights between each other. to support increased travel and promote people-to-people exchanges between each other, which the Deputy Minister of Business and Trade Agreed that people-to-people relations between each other are very close. and is ready to discuss with relevant agencies to promote more exchanges between them.
In addition, b
oth sides exchanged views on the situation in Myanmar. The Prime Minister is following the situation closely. and want to see peace and stability in Myanmar Deputy Minister of Business and Trade Admire Thailand’s role and participation especially the continued provision of humanitarian assistance to Myanmar. The United Kingdom hopes to see peace in Myanmar as well.
Source: Thai News Agency