Thailand pursues economic gains through BRICS membership

Thailand aims to join BRICS for economic opportunities, offering access to the ASEAN market and strengthening food security and tourism, according to Deputy Prime Minister Anutin Charnvirakul.

Key takeaways

• Deputy Prime Minister Anutin Charnvirakul sees joining BRICS as a path to unlocking significant trade and economic prospects for Thailand, positioning the country alongside major global economies.
• With its strategic location in Southeast Asia, Thailand aims to strengthen its role as a gateway to the ASEAN market, benefiting over 600 million people while contributing to global food security.
• Thailand envisions deeper economic and tourism partnerships within the BRICS framework, leveraging China’s influence and Thailand’s potential as a bridge between BRICS and ASEAN markets.

Thailand’s Deputy Prime Minister, Anutin Charnvirakul, believes joining the BRICS group will create significant trade and economic opportunities.

Thailand aims to become the newest member of BRICS, which includes major economies like Brazil, Russia, India, China, and South Africa, alongside four new members added this year.

Charnvirakul highlights that Thailand’s strategic location in Southeast Asia positions it as a gateway to the ASEAN market, home to over 600 million people, and a vital contributor to global food security. He emphasizes Thailand’s potential in enhancing tourism and economic ties within the BRICS framework.

Invited to the upcoming BRICS summit in Russia, Thailand hopes this will pave the way for full membership. Charnvirakul envisions Thailand serving as a bridge connecting BRICS countries with ASEAN, leveraging China’s role within the group to unlock further economic opportunities.