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British minister visits Thailand for trade talks


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British minister visits Thailand for trade talks

By The Nation

 

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British International Trade Secretary Liam Fox

 

British International Trade Secretary Liam Fox arrived in Thailand on Wednesday to boost trade relations between the two countries.
 

The first United Kingdom trade minister to visit Thailand in 15 years, he is seeking to expand trade ties and is expected to raise the subject of Thailand holding democratic elections.

 

While in Bangkok he will meet leading businesses and Thai government ministers, including Deputy Prime Minister Somkid Jatusripitak, his counterpart Sonthirat Sonthijirawong, the Thai Minister of Commerce, and Pichet Durongkaveroj, Minister of Digital Economy and Society.

 

“The UK’s trade with Thailand is growing steadily, but there is still huge untapped demand for British goods and services across the Thai economy, which is growing strongly and has a large middle class,” Fox said in press statement.

 

“The IMF (International Monetary Fund) predicts 90 per cent of global growth in the coming years will come from outside the EU, and this government is putting the UK in a position to benefit, particularly by boosting export finance and showcasing British companies to the Asian market,” he said.

 

Thailand is the second largest economy in Southeast Asia and bilateral trade with the UK increased by 2.8 per cent to £5.6 billion (Bt246 billion) in 2015-2016. Currently, the majority of UK exports are in machinery, vehicles and mechanical appliances.

 

Thailand is implementing its “Thailand 4.0 industrial strategy”, with a particular emphasis on moving towards a digital economy, from rolling out high-speed Internet access for all villages to setting up a big data analytics centre.

 

Fox will showcase how the UK’s world-class digital sector can the support this strategy. This follows a recent visit by Thai digital companies to the UK.

 

Fox will also be promoting the capability of UK companies in areas such as financial services, and transportation, said the statement.

 

Source: http://www.nationmultimedia.com/detail/national/30342433

 
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-- © Copyright The Nation 2018-04-04
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Useless Welsh groveler. Whatever his position, Fox always seems to be crying out for acknowledgement . . . not that he's proved himself to be a notable statesman, but just that he exists. But, wait a minute, lest I be unfairly critical, what is this next bit about?  Aside from the hefty trade issues, he is also expected to raise the subject of Thailand holding democratic elections.

 

Mama-mia, we can be sure what Somkid and Pichet will say, "You'll need to speak to our silky soap star for that, Liam . . . hold on a sec; he might still be in the nail parlour, next door . . . Wednesday is his nails and nasal hair day . . . or it was, last week. We never know, with this guy."

Edited by Ossy
clarity
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7 hours ago, webfact said:

British International Trade Secretary Liam Fox arrived in Thailand on Wednesday to boost trade relations between the two countries.

You mean after the visit to UK by Deputy Commerce Minister Suvit Maesincee in July 2016 to discuss a bilateral free-trade agreement to relieve the impact from Britain’s vote to exit the European Union? https://ethailand.com/business-news/thailand-and-uk-see-a-new-trade-deal/3091/

 

Given Australia's recent experience with the Prayut government over Thailand's dispute (Akara Gold Mine) with its free trade agreement with Australia, I hope the UK holds back any formal agreement until a Thai government that wields absolute power like a Power Ranger is out of office.

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1 hour ago, Jeremia Juxtaposed said:

Isn't it about 15 years since the UK Embassy started cutting back, outsourcing and closing down facilities .....Is he going to hold his meetings in Starbucks..???

pretty sure the embassy is still where it is for now and they already have offices being prepared for their move

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1 hour ago, Jeremia Juxtaposed said:

Isn't it about 15 years since the UK Embassy started cutting back, outsourcing and closing down facilities .....Is he going to hold his meetings in Starbucks..???

I think they should hold their meetings in Central Embassy - at least the location has historical significance, and there's seating and ac, so they don't even need to buy a coffee.

 

Then they can get the Minster a tuk-tuk back to the airport.

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On 4/4/2018 at 7:29 AM, jonstarjon said:

####$$ disgusting!! The humiliation of it! This UK government will do anything to prostitute itself for "trade". I am sooooo not proud to be British at the moment! My god Tories know no limits in their depravity.

 

 

Any trade with a country that oppresses its people (such as military control removal of rights to be democratic sponsoring and protecting terrorists) should be chastised not encouraged by trade talks!! Its bad enough we take blood money from the Saudis how much further do we need to slip down the moral ladder??

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