Thai PM, in US, pledges economic openness
Thailand's Prime Minister Abhisit Vejjajiva Abhisit Vejjajiva (Thai: อภิสิทธิ์ เวชชาชีวะ) (born August 3, 1964), a Thai politician, has been the leader of the Democrat Party since February 2005. promised US investors to work for an open economy as he headed Thursday to the Group of 20 summit on the global financial turmoil.
Abhisit, who is attending both the UN General Assembly in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and the Group of 20 summit in Pittsburgh, was paying his first visit to the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. since he took over in December.
Speaking before the US-ASEAN Business Council in New York, Abhisit said he was committed to wooing US investors to Thailand, whose economy was taken a beating both from the global downturn and the kingdom's chaotic politics.
"Thailand has always strived to be an open economy. We believe it is the private sector that drives growth, and I am committed to a transparent and consultative process," Abhisit said Wednesday in remarks released by the business group.
He said he had heard the business group's concerns on smoothing out customs regulations and boosting protection of intellectual property rights.
Abhisit traveled Thursday to Pittsburgh for the Group of 20 summit of leading economies, where he will have observer status as Thailand currently heads ASEAN ASEAN: see Association of Southeast Asian Nations.
in full Association of Southeast Asian Nations
International organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in , the Association of Southeast Asian Nations Association of Southeast Asian Nations (ASEAN), organization established by the Bangkok Declaration (1967), linking the nations of Indonesia, Malaysia, Philippines, Singapore, and Thailand. .