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The Prime Minister Discusses Investment Opportunities With ASEAN-U.S. Businesspeople

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In the first face-to-face encounter since the COVID-19 epidemic, the Prime Minister of Thailand met with businesspeople from the U.S.-ASEAN Business Council (USBAC) to explore investment and development potential.

During the conference, Prime Minister Gen Prayut Chan-o-cha outlined his vision for Thailand’s New Normal business growth, which stresses balanced economic promotion, competitive economies, and the use of technologies to drive the economy.

According to the Prime Minister, Thailand is dedicated to fostering digital economy transformation and digital startup development, as well as encouraging digital industry investment.

In commemoration of the 190th anniversary of diplomatic relations between Thailand and the United States next year, Gen. Prayut expressed his hope that trade and investment links between the two nations will be expanded and relations will become more vibrant.

Ted Osius, president and chief executive officer of the USBAC, expressed his delight at reuniting with everyone at the first face-to-face gathering since the outbreak. This demonstrates the council’s dedication to fostering greater cooperation in Thailand and the surrounding region.
The visiting delegation is composed of representatives from 43 companies across six industries. They stated their desire to help Thailand’s bio-circular-green (BCG) economic model by utilizing energy and resources efficiently and sustainably.

On this occasion, the U.S. Ambassador to Thailand, Robert F. Godec, thanked the Thai government for the warm welcome and lauded the long-standing ties between Thailand and the United States as well as the efforts made by both nations to strengthen ties on several fronts.

The U.S. ambassador complimented Thailand on its successful hosting of the Asia-Pacific Economic Cooperation (APEC) this year, as the U.S. will serve as host in 2023.

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