ID :
44568
Fri, 02/06/2009 - 21:30
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Shortlink :
http://m.oananews.org//node/44568
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Thai PM reassures Japanese investors of political stability
TOKYO, Feb 6 (TNA) - Visiting Thai Prime Minister Abhisit Vejjajiva told leading Japanese investors on Friday that political stability has now returned to Thailand and they can be assured that cooperation under the existing economic partnership framework will be further strengthened.
In an attempt to allay concerns over recent political events in Thailand, the prime minister told leading members of the Japanese business association Keidanren on the second day of his three-day working visit that normalcy has been restored to the kingdom after years of political turbulence that culminated in the country's two main airports being seized by demonstrators last year.
Mr. Abhisit referred to the incident in which thousands of activists occupied Suvarnabhumi international airport and the smaller Don Mueang domestic airport for one week late last year in an attempt to bring down the then People Power Party-led government that was aligned with convicted former prime minister Thaksin Shinawatra.
The prime minister said he regretted the damage done to the country by the airports' seizure, but assured his audience that his government would never permit any repetition of such an incident.
The Thai premier emphasised that his Democrat-led coalition government is working with every effort to achieve political stability and national reconciliation based on democratic principles and the rule of law with transparency and accountability.
With a recently-announced Bt116.7 billion (US$3.35 billion) stimulus package, Mr. Abhisit said he is confident his government will be able to steer the country through the global financial crisis.
He also pledged that the government would introduce relaxed regulations concerning foreign investment to ease burden as well as to ensure investors a level playing field.
Meanwhile, Thai Commerce Minister Pornthiva Nakasai, discussed with Japan External Trade Organization (JETRO) chairman and chief executive officer Yasuo Hayashi on cooperation under Japan-Thailand Economic Partnership Agreement (JTEPA).
Mrs. Pornthiva told reporters after the discussions that the JETRO chief pledged to strengthen cooperation, but asked the Thai government to not only support new investors but also current investors. He also urged Thailand to ease the regulation facilitating a parent company in Japan to inject more capital to help cash-strapped subsidiaries in Thailand.
Mr. Hayashi commented that Mr. Abhisit's speech to the Japanese business persons helped boost confidence among Japanese investors as the Thai government remains committed to its main economic policies despite the change in governments over the past few years.
Mr. Abhisit will meet Japanese Prime Minister Taro Aso later on Friday. The two leaders are expected to discuss Japan's investment in Thailand and regional issues.
The Thai premier will return to Bangkok on Saturday. (TNA)
In an attempt to allay concerns over recent political events in Thailand, the prime minister told leading members of the Japanese business association Keidanren on the second day of his three-day working visit that normalcy has been restored to the kingdom after years of political turbulence that culminated in the country's two main airports being seized by demonstrators last year.
Mr. Abhisit referred to the incident in which thousands of activists occupied Suvarnabhumi international airport and the smaller Don Mueang domestic airport for one week late last year in an attempt to bring down the then People Power Party-led government that was aligned with convicted former prime minister Thaksin Shinawatra.
The prime minister said he regretted the damage done to the country by the airports' seizure, but assured his audience that his government would never permit any repetition of such an incident.
The Thai premier emphasised that his Democrat-led coalition government is working with every effort to achieve political stability and national reconciliation based on democratic principles and the rule of law with transparency and accountability.
With a recently-announced Bt116.7 billion (US$3.35 billion) stimulus package, Mr. Abhisit said he is confident his government will be able to steer the country through the global financial crisis.
He also pledged that the government would introduce relaxed regulations concerning foreign investment to ease burden as well as to ensure investors a level playing field.
Meanwhile, Thai Commerce Minister Pornthiva Nakasai, discussed with Japan External Trade Organization (JETRO) chairman and chief executive officer Yasuo Hayashi on cooperation under Japan-Thailand Economic Partnership Agreement (JTEPA).
Mrs. Pornthiva told reporters after the discussions that the JETRO chief pledged to strengthen cooperation, but asked the Thai government to not only support new investors but also current investors. He also urged Thailand to ease the regulation facilitating a parent company in Japan to inject more capital to help cash-strapped subsidiaries in Thailand.
Mr. Hayashi commented that Mr. Abhisit's speech to the Japanese business persons helped boost confidence among Japanese investors as the Thai government remains committed to its main economic policies despite the change in governments over the past few years.
Mr. Abhisit will meet Japanese Prime Minister Taro Aso later on Friday. The two leaders are expected to discuss Japan's investment in Thailand and regional issues.
The Thai premier will return to Bangkok on Saturday. (TNA)
