Connect with us

Phuket

Phuket to host Asean summits

Legacy Phuket Gazette

Published

 on 

Phuket to host Asean summits | Thaiger

PHUKET: The abruptly suspended Asean Summit will be rescheduled in Phuket as soon as possible in an effort to restore foreign investors’ confidence in the country, Deputy Commerce Minister Alongkorn Pollabutr has announced.

Asean chief Surin Pitsuwan said on Friday that the summit would take place no later than early June.

Mr Alongkorn said the Asean Economic Summit would be held in August as scheduled to ensure that the Asean Economic Community development plans remain on track to be implemented by 2015.

“It’s a pity the country had to postpone the Asean+3+6 Summit because of the political disorder. The government is attempting to restore confidence by hosting the summit as soon as possible,” Mr Alongkorn said.

Asean and China plan to ink an investment cooperation agreement during the upcoming summit.

The 16 leaders of 10-member Asean and its six dialogue partners (China, South Korea, Japan, India, Australia and New Zealand) will discuss ways of coping with the global economic situation.

Leaders will also discuss the possibility of launching negotiations to establish an East Asia Free Trade Agreement for Asean+3 (China, Japan and South Korea) and a Comprehensive Economic Partnership for East Asia for Asean+6.

Asean+3 is conducting a feasibility study on the proposed FTA. So far, it has focused on the manufacturing sectors of Asean and the three partners, as well as rules of origin, trade facilitation and the planned pact’s impact on sensitive goods.

Under the Asean+6 framework, which adds India, Australia and New Zealand, another study is looking into major areas of cooperation, particularly investment, environmental development, telecommunications and the agro-industry.

Somkiat Anuras, vice chairman of the Thai Chamber of Commerce, said the postponement of the summit had cost Asean and its partners a major opportunity to boost trade amid the economic slowdown.

“Although Asean’s major goal of forming the single economic community will not be postponed, other minor agreements on trade liberalization will be affected,” he said.

Citing two examples, Mr Somkiat said implementation of pilot agreements on tourism and aviation-sector liberalization would be delayed.

Meanwhile, the Commerce Ministry has ordered the urgent launch of additional overseas roadshows by its Export Promotion, Foreign Trade, and Trade Negotiation departments.

— Petchanet Pratruangkrai, The Nation

 

Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram

image

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Thailand10 hours ago

Thailand News Today | OnlyFans content creators arrested on pornography charges | September 21

Thailand11 hours ago

Soldier allegedly assaults neighbours following horn honking

Thailand12 hours ago

Border agencies instructed to look out for gun smuggling along Myanmar border

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Coronavirus (Covid-19)12 hours ago

Tuesday Covid Update: 10,919 new cases; provincial totals

Thailand13 hours ago

Officials clarify Korat police van stopped at the beach after collecting murder suspect

Crime13 hours ago

OnlyFans content creators arrested by Thai police on pornography charges

image
Join the conversation on the Thaiger Talk forums today!
Thailand13 hours ago

Comments Galore! feat. Golf | Thaiger Bites | September 21

Cambodia14 hours ago

Scientists study bats in Cambodia to find clues about Covid

News15 hours ago

Update: government official that allegedly stole from fund meant for the disabled spent all the money on gambling

Thailand16 hours ago

Morning Top Stories | Reopening of entertainment venues, Manny Pacquiao for president | September 21 |

World16 hours ago

Flight restrictions to the US to ease in November – US government

Thailand17 hours ago

Bangkok re-opening Criteria, Thai Airways keeps Struggling | Good Morning Thailand | Episode 93

Thailand17 hours ago

Government warns that posting pornographic material is illegal following OnlyFans creator being questioned by police

Indonesia17 hours ago

Bali to re-open for international yachts with fully vaccinated crew, passengers

World18 hours ago

British Airways tests first ever net-zero carbon emissions flight

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14 | Thaiger
Thailand1 week ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand7 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism7 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket7 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism7 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand7 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism7 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand8 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand8 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand8 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand8 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand8 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand8 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand8 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand8 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending