Thaksin highlighted that the US-China trade war could benefit Thailand, attracting manufacturers due to its resources. He advocated for joining BRICS, reforming APEC and ASEAN, and pursuing economic growth through technology and soft power.
Thaksin believes that a potential US-China trade war could create considerable opportunities for Thailand, as manufacturers look to relocate. He highlighted the country’s ample resources like labor, land, and electricity, suggesting that with attractive tax incentives, Thailand could emerge as a favored destination for investors.
Regarding Thailand’s goal to join BRICS, he argued that the bloc could help balance the global financial system. Thaksin predicts the emergence of a new international payment system using cryptocurrencies within five years, independent of the US dollar or SWIFT.
He also emphasized the need to reform APEC and ASEAN to enhance efficiency in reaching agreements and fostering cooperation, focusing particularly on small countries. Thaksin’s vision for Thailand includes leveraging tourism and culture for income while positioning the country as a technology hub, emphasizing investments in AI and semiconductors.
Source : Thaksin shares vision for Thai economy with global business leaders
