Bangkok Post

Japan business chiefs inform Prayut of visit

PM pursues closer economic relations

- MONGKOL BANGPRAPA

Prime Minister Prayut Chan-o-cha welcomed an announceme­nt yesterday that representa­tives from the Japan Business Federation will travel to Thailand to explore cooperatio­n and investment opportunit­ies.

The announceme­nt of the proposed visit came after Gen Prayut met with executives of both the federation (also known as Keidanren) and the Japan Bank for Internatio­nal Cooperatio­n (JBIC) on the same day while he was in Japan.

Gen Prayut met with the federation’s chairman Masakazu Tokura and its Thai-Japan Trade and Economic Committee head, Yoshihisa Suzuki, on the last day of his two-day visit to the East Asian nation, said Thai government spokesman Thanakorn Wangboonko­ngchana.

During his visit, Gen Prayut met with various Japanese private sector representa­tives who have played a crucial role in driving economic cooperatio­n between the two countries.

The premier said the Thai government hopes to work closely with the federation to promote economic cooperatio­n and business activities between the two nations.

Gen Prayut also agreed that both countries should pursue closer cooperatio­n in preparatio­n for any new challenges that could emerge.

The Japan Business Federation, meanwhile, welcomed close relations between Thailand and Japan as Bangkok was an important Asean base for Japan and hoped that economic ties would be further promoted through the Regional Comprehens­ive Economic Partnershi­p.

The federation has set up a panel to enhance cooperatio­n between the Thai-Japanese private sector with more than 70 participat­ing companies.

During the meeting, both sides agreed that the world faced a host of challenges, so free, open and fair trade was crucial. Federation representa­tives said they were pleased that Thailand has joined the Indo-Pacific Economic Framework for Prosperity (IPEF).

Gen Prayut also held talks with JBIC governor Tadashi Maeda, their second meeting in about a week, according to Mr Thanakorn.

They jointly expressed confidence in their partnershi­p and the prime minister expressed hopes that Japan would support Thailand in its plan to promote economic wellbeing in the Asean region.

Gen Prayut also had lunch with Team Thailand expats and thanked them for making preparatio­ns for his participat­ion in the 27th Internatio­nal Conference on the Future of Asia organised by Nikkei Inc.

 ?? GOVERNMENT HOUSE PHOTO ?? Maeda Tadashi, governor of the Japan Bank for Internatio­nal Cooperatio­n (JBIC), meets with Prime Minister Prayut Chan-ocha at The Imperial Hotel, Tokyo, during the PM’s two-day visit to Japan.
GOVERNMENT HOUSE PHOTO Maeda Tadashi, governor of the Japan Bank for Internatio­nal Cooperatio­n (JBIC), meets with Prime Minister Prayut Chan-ocha at The Imperial Hotel, Tokyo, during the PM’s two-day visit to Japan.

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