Economics Thailand and United States Strengthen Economic Ties Following Meeting

[Georgealbert]

 

Picture courtesy of Matichon

 

The Minister of Commerce, Mr. Phichai Naripthaphan, has announced strengthened economic cooperation between Thailand and the United States following a key meeting with Mr. Neal Wolin, Vice Chairman of the global strategic advisory firm Brunswick Group and former Deputy Secretary of the U.S. Treasury under former President Barack Obama.

 

The meeting, held on 2 June, also included Ms. Michaela Browning, CEO for the Asia-Pacific region at Brunswick Group, and representatives from the US-ASEAN Business Council (USABC). Discussions focused on global economic and trade developments amid ongoing international challenges.

 

Brunswick Group, a leading global advisory firm in strategic communications, plays a vital role in supporting both public and private sectors in policy management and international relations. According to Mr. Phichai, the talks marked an important opportunity to deepen Thailand-US collaboration across multiple sectors.

 

“Thailand closely monitors U.S. trade policies, particularly retaliatory tariffs which may impact Thai exports,” Mr. Phichai stated, underlining the strategic importance of understanding and responding to changes in American trade measures.

 

Executives from Brunswick Group emphasised Thailand’s strong potential as a high-quality production base for U.S. exports. They also praised Thailand’s efforts in resolving past trade disputes with the U.S., seeing it as a strong foundation for advancing bilateral negotiations and practical cooperation.

 

Mr. Phichai highlighted Thailand’s readiness to serve as a regional hub for advanced technology industries, including semiconductors, artificial intelligence (AI) and data centres. He stressed that these sectors would be key drivers of Thailand’s future economic growth.

 

Additionally, he underscored Thailand’s ambition to be the region’s leading medical hub, contributing to public health security during emergencies. The Minister also pointed to Thailand’s strategic role as a key U.S. partner in promoting food security and encouraging Thai private sector investment in the United States to create a sustainable economic partnership.

 

“Thailand hopes to hold official discussions with the United States on crucial trade issues, including U.S. tariff measures, in the near future,” Mr. Phichai concluded.

 

The meeting is seen as a significant step toward solidifying Thailand’s role as a strategic economic partner to the United States in Asia.

 

 

  Adapted by Asean Now from Matichon 2025-06-03.

 

 

 

[FlorC]

Less than a month before the tariff pause ends,

so lets strengthen economic ties. 

[John Drake]

Somehow I don't see an Obama affiliated influence peddler helping Thailand convince Trump of anything.

[newbee2022]

5 hours ago, Georgealbert said:

Thailand hopes to hold official discussions with the United States on crucial trade issues, i

Hope dies last. Maybe Paetongtarn should meet Donnie for dessert. 

[Emdog]

Correct me if I'm wrong, but headline should be more like "Thailand and US firm...."?

[Yagoda]

Winning for both countries

[kimamey]

2 hours ago, newbee2022 said:

Hope dies last. Maybe Paetongtarn should meet Donnie for dessert. 

What's her golf like? Not very good, that'll do nicely.

[Etaoin Shrdlu]

1 hour ago, Emdog said:

Correct me if I'm wrong, but headline should be more like "Thailand and US firm...."?

 

Brunswick Group is a UK public relations firm.

 

 

 

https://en.wikipedia.org/wiki/Brunswick_Group

[Captain Flack]

Trolling off topic conspiracy post removed @Cult of the Sun

[Dakhar]

Medical hub? Thailand better take English more seriously if that is the goal. For the most part, medical textbooks are written in English.

[newbee2022]

Only bla bla bla.

But obviously a nice meeting.🙏

[Quentin Zen]

American citizens should get a free visa anywhere in the world!!!!  Trickle-down economics.   I get blamed for everything Trump does, so I might as well reap in the glory of the grand tariff scheme.    cash is fine, no autographs.  

[Pouatchee]

wonder if BRIC was discussed. thailand is playing 3 sides of the table... china, russia, usa

[hotchilli]

22 hours ago, FlorC said:

Less than a month before the tariff pause ends,

so lets strengthen economic ties. 

I wonder if they convinced them  that they will stop transnational corruption, offering China a stepping stone into USA, to avoid tariffs

[klauskunkel]

On 6/3/2025 at 4:13 AM, Georgealbert said:

The Minister of Commerce has announced strengthened economic cooperation between Thailand and the United States

The Minister of Commerce has just announced his silliness by mistaking a rep of a private firm for a U.S. official.

[FlorC]

23 minutes ago, hotchilli said:

I wonder if they convinced them  that they will stop transnational corruption, offering China a stepping stone into USA, to avoid tariffs

More likely for reduced tariffs.

[FlorC]

26 minutes ago, Pouatchee said:

wonder if BRIC was discussed. thailand is playing 3 sides of the table... china, russia, usa

As it should be.

Neutral and looking out for its own interests.

[portisaacozzy]

49 minutes ago, klauskunkel said:

The Minister of Commerce has just announced his silliness by mistaking a rep of a private firm for a U.S. official.

no has not,its for local consumtion,they will believe anything !

[newbee2022]

1 hour ago, Pouatchee said:

wonder if BRIC was discussed. thailand is playing 3 sides of the table... china, russia, usa

Yeah, you should ask them, definitely.

You can tell us then when you received the answer.

[Srikcir]

22 hours ago, Emdog said:

Correct me if I'm wrong, but headline should be more like "Thailand and US firm...."?

Or TACO team still doesn't have a deal, just concepts, expectations and hopes.

Remember that any US economic deal must be approved by the US Senate and foreign country legislation for it to be binding. Otherwise, all one gets are MOU's with no confirmed trade deal.