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2024-06-28 20:57:23

aseannow.com on Nostr: Thailand’s Role in U.S. Economic Security Recognised ========== The United States ...

Thailand’s Role in U.S. Economic Security Recognised
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The United States has acknowledged Thailand’s growing importance in its economic security. The President’s Export Council (PEC) and U.S. Secretary of Commerce Gina Raimondo visited Thailand to bolster trade and investment ties. The PEC released a report titled 'REPORT OF THE PRESIDENT’S EXPORT COUNCIL: Reflections on Commercial Engagement in the Indo-Pacific and Recommendations for Strengthening the U.S. Commercial Relationship,' which highlights the economic prospects and partnership between the U.S. and Thailand. Thailand is the U.S.'s 18th largest trade partner, with a trade volume of approximately 72.1 billion US dollars in 2023. Thai investments in the U.S. stand at 2.5 billion dollars. The report also recognizes Prime Minister Srettha’s efforts in making Thailand more attractive to foreign investors. The focus is on increasing foreign investment, enhancing economic efficiency, and improving the well-being of the Thai population.

#Thailand #Us #EconomicSecurity #Trade #Investment

https://aseannow.com/topic/1331033-thailand%E2%80%99s-role-in-us-economic-security-recognised/
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