As India, an emerging global power, is steadfastly implementing its Look East Policy, a top US official has said that Thailand is a “natural bridge” between India and East Asian countries.
“The rise of new powers — India and China — and their interactions with the existing order and established powers pose both significant opportunities and challenges,” Under Secretary of State for Political Affairs, Bill Burns, said in his speech at Chulalongkorn University, Bangkok on Friday.
“We will continue to have an important stake in the region and bring significant assets to bear as a powerful economy and a global magnet for higher education and innovation.But that does not mean that Americans have a monopoly on wisdom — Ive learned that a little humility goes a long way in the exercise of American leadership,”
Burns is currently traveling the region.”We will continue to look to Thailand’s deep historical experience in navigating geopolitical currents in the region. Thailand serves as a key strategic pivot between territorial and maritime Asia and is a natural bridge between India and East Asian countries, with which India seeks stronger relations,” Burns said.”
Amidst the significant changes and upheavals of the Asia-Pacific regional order, Thailand has remained a key driver of ASEAN’s evolution, and a proponent of economic growth grounded in democratic institutions. Thailand’s importance in regional stability at a time of significant change cannot be overstated,”
he said.Even as the US and Thailand relationship is strengthening, Burns acknowledged there is differences between the two countries on the issue of Burma.
“The United States and Thailand may sometimes have differences when it comes to Burma policy, but we share the aspiration of a Burma which is unified, peaceful, prosperous, responsive to the needs of its people, and respectful of international norms, such as UN Security Council Resolutions 1718 and 1874,” he said.”
Thailand aims to push its games and content industry
After almost a year under the pandemic, the number of game players in Thailand rose to 32 million and helped the market generate over a billion dollars in 2020, according to NewZoo, an international analytics and market research group.
Thailand’s H1 Investment Applications rise 158% in combined value, BOI says
Japanese firms ranked first with 87 projects worth 42.8 billion baht, followed by investments from the U.S. with 18 projects worth 24.1 billion baht, and China with 63 projects worth 18.6 billion baht.
In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as well as in power generation, the Thailand Board of Investment (BOI) said.(more…)
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