Economics
U.S.-China Trade War a Great Concern for Thailand, Prayuth Says
- Wants to promote connectivity in trade, investment, tourism
- New government’s policies expected to be unveiled by July
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The U.S.-China trade war is a serious concern for Thailand that has the potential to undermine global business, Prime Minister Prayuth Chan-Ocha said.
"We have to alleviate this tension and create a greater balance," Prayuth said in a speech at the Bloomberg Asean Business Summit in Bangkok on Friday. The trade dispute had led to "greater uncertainty in the global economic situation and greater competition," he said, noting Thailand was trying to expedite the Regional Comprehensive Economic Partnership trade agreement.