ID :
50464
Sat, 03/14/2009 - 14:22
Auther :

Thailand ready to welcome British investors: PM

LONDON, March 14 (TNA) -- Visiting Thai Prime Minister Abhisit Vejjajiva said Thailand was ready to welcome more British investors as the kingdom's political life has returned to normal and the government had put its utmost effort into stimulating the economy.

Mr. Abhisit, midway in a three-day official visit to Britain, met leading business figures in London Friday and briefed them on his government’s attempts to resolve Thailand’s political problems through a process of reform, as well as its approaches to revive the Thai economy, much impacted by global financial crisis.

The prime minister said most British businessmen he met expressed optimism regarding Thai politics, seeing the kingdom moving toward improvement, and a number of them said they could expand their investment in Thailand.

The British business community’s determination to do business with Thailand will help ease Thai worries regarding the strict trade regulations earlier imposed by the European Union (EU), Mr. Abhisit said, referring to British help in frozen chicken negotiations with the EU.

Thailand is ready to welcome British investors, Mr. Abhisit emphasised when addressing a group of business leaders, reporting that the national leaders of the Association of Southeast Asian Nations (ASEAN) meeting in Thailand recently unanimously agreed to oppose protectionism and endorses the freer flow of goods, services, capital investment and business operators.

As the current chair of ASEAN, Mr. Abhisit said he will join the G20 summit in London next month, and that he hopes it will help the world weather the global economic slump, both the G-20 and the poorer countries.

He later presided at a promotional “Thailand Tourism Meeting” organised by Tourism Authority of Thailand.

Mr. Abhisit said Thailand and other ASEAN countries will promote a programme called “Asia’s 10 Perfect Paradises.”

Thailand along with Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore and Vietnam are ASEAN members.

On Saturday, Mr. Abhisit will speak on democracy in Thai politics at St. John’s College, meet the Thai community, call on Britain’s Chancellor of the Exchequer Alistair Darling and meet Thai students at the London School of Economics.

He is scheduled to leave for Bangkok and arrive in Bangkok Sunday afternoon. (TNA)

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