Team Thailand Engages French Businesses to Boost Long-Term Investment

Paris: Team Thailand held discussions with French businesses to enhance cooperation and attract long-term investment. The Prime Minister emphasized political stability and a commitment to reforming the Thai economy. According to Thai News Agency, Prime Minister Anutin Charnvirakul and his Thai delegation, including Deputy Prime Minister and Minister of Finance Dr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Foreign Affairs Sihasak Phuangketkaew, Deputy Prime Minister and Minister of Commerce Supajee Suthamphan, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation Yotschanan Wongsawat, and Minister of Culture Sabida Thaiseth, met with MEDEF International in Paris, France. The meeting was led by Vice Chairman of MEDEF International and Chairman of the France-Thailand Business Council, Mr. Francois Corbin. The Prime Minister reiterated Thailand's political stability and commitment to economic reform, reflected in Moody's' upgrade of Thailand's outlook to "St able," signaling investor confidence in Thailand's long-term investment potential. He thanked the French business sector for their trust and participation in Thailand's growth. The Prime Minister highlighted the "Thailand Fast Pass" policy, designed to make investment in Thailand "fast, smart, predictable, and reliable." He also pointed out that Thailand serves as a gateway to the ASEAN market with over 700 million people. Mr. Ekniti noted that both countries can further enhance cooperation as Thailand prepares for large-scale investments in the future. He emphasized Thailand's stable macroeconomic fundamentals, including high international reserves, low foreign debt, and manageable public debt-to-GDP ratios. He stated that Thailand can be a strategic partner for France in Asia to create new supply chains focusing on infrastructure, economic resilience, skilled labor, and collaboration with universities. Thailand is ready to move forward with cooperation under the '5Ts' framework: Targeted Industries, Transi tion, Transform, Transparent, and Together, to build a stable and sustainable long-term partnership with the French business sector.