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Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA

Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA
Prime Minister Srettha Thavisin (L) speaks with Arab News Editor-in-Chief Faisal J. Abbas in Bangkok’s Chinatown on February 10, 2024. (AN photo by Abdulrahman Fahad bin Shulhub)
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Updated 11 February 2024

Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA

Thailand ‘salesman’ PM says kingdom ‘open for business,’ sees huge potential in KSA
  • Srettha Thavisin says it is his job to travel and 'sell' Thailand to the world
  • Praises Saudi reforms, notes opportunities to expand ties

BANGKOK: Nothing is perhaps more symbolic of the delicate balance Thailand manages between East and West than the Thai prime minister proposing that Arab News interviews him at the local Starbucks, in Chinatown, on the day of Chinese New Year — a major celebration.

But then again Srettha Thavisin is not your typical politician. Before becoming prime minister, he was a successful businessman who is known to run his schedule like a Swiss clock. In fact, he immediately ignites the conversation by saying that his job is to “sell Thailand,” something he says did not happen in the past, but now — nearly six months into the job — the property tycoon-turned-politician says his top priority is to travel and tell the world that his country is open for business.
“People don’t know the business scene in Thailand because, for the last nine, ten years, Thailand hasn’t been going out to sell Thailand. But since taking over the office (in August last year), the top, top priority for me is to travel and tell the world that Thailand is open for business,” he said.

“Whether it’s for investment, whether it’s for trade, whether people exchange like tourism, like education, technical assistance.”

This is no exaggeration (or you can say because the proof is in the pudding, or should I say, rice pudding), Srettha came to the meeting in a red T-shirt, the traditional color for Chinese New Year. As we walked out of the American coffee house into the bustling China Town, he was swarmed by tourists and locals alike, some Chinese, some Europeans and many Thai people. A Danish family left feeling very happy having managed to take an unexpected selfie with the kingdom’s prime minister.

Srettha jokes as he refers to a local tradition saying that you must not work on Chinese New Year. But he jokes: “People say that if you work on Chinese New Year, you have to work hard all year. But I’ve been working. (And) every year, when I take a New Year’s Day off, I still have to work hard every day.”

When asked how Thailand manages to balance its East and West ties, particularly as China (its second-biggest trade partner and which has an ethnic component and cultural influence) does not get along with the US (Bangkok’s top trade partner and which also cooperates on security), he says: “Of course, because we are a neutral country. We’re not in conflict with anyone here. You see Eastern Europeans, you see Russians and you see the Chinese, you see the Indians, you see Japanese, you see the Koreans, you see Europeans, you see Americans.

“Because (of the way) our diplomatic standing is, we are not part of the conflict. We believe in lasting peace and common prosperity.”




Thai PM Srettha Thavisin was part of the ASEAN delegation in the meeting of Gulf Cooperation Council (GCC) and Association of Southeast Asian Nations leaders in Riyadh last October. For PM Srettha, his top priority is to travel and tell the world that his country is open for business.
(SPA photo)

Highlighting the advantages of investing in his country, Srettha said attracting skilled expatriate workers requires the provision of good amenities.

“It’s very important for the business people,” he said. “For example, good international schools. Expatriates, like yourself, when you come, you come with families. Where do your kids go to school? You need to make sure you have excellent international schools.”

As a former businessman, he is clear-eyed on where major opportunities lie, and one country tops the list: Ƶ. In fact, this interview with Arab News was originally requested to mark the second anniversary of the reestablishment of Saudi-Thai relations, which were suspended from the early 1990s until January 2022 due to a diplomatic incident.

Since the reconciliation, the relationship has seen massive improvement, with new trade, investment and people-to-people exchanges. However, Srettha says there is great potential for deeper ties, having been very impressed by what he saw during a visit to the Kingdom last October.




Saudi Crown Prince Mohammed bin Salman met Thailand's Prime Minister Srettha Thavisin on the sidelines of the GCC-ASEAN Summit in Riyadh on October 20, 2023. (SPA/File photo)

“I met with SABIC,” he said. “They want to do all the agricultural things. I met with Aramco, the world’s largest oil company. I met with the PIF, the sovereign wealth fund. I met with Crown Prince Mohammed bin Salman.

“I was stunned by the scale of what you are trying to do and by the potential of what the country has. Again, the cross-border investment that you have made throughout the world is something for the world to admire and copy.

“You don’t just have the financial might. You have the ability to read what you don’t have and try to make it secure for your country. Like, for example, food security is very important.

“The logistics, The Line (NEOM’s signature project), the Riyadh airport — your airport will be twice as big as Dubai airport in the next 10 years. I mean, that’s admirable. Just, you know, it really is.”

Noting Ƶ’s environmental policies, including the Saudi Green Initiative, which has set out to plant 10 billion trees across the Kingdom over the coming years, Srettha said this is an area where Thailand can offer support — including the export of saplings for replanting.




Ƶ's greening project targets growing 10 billion trees under the Saudi Green Initiative. (Supplied)

One thing Thailand exports a lot of is manpower. Thai workers are found throughout the world across many sectors and are noted for their strong work ethic and friendliness. There are currently about 8,000 Thai workers in Ƶ. The warming of relations means this number could quickly rise.

According to him, the recent escalation of the Israeli-Hamas conflict has badly shaken one of the most lucrative markets for skilled Thai labor, i.e. Israel. During the Hamas-led attack on southern Israel on Oct. 7 last year, about 1,200 people were killed, including at least 39 Thai nationals. The militants took some 240 hostage, including 32 Thai workers.

So far, 23 of them have been released in a separate hostage deal between Thailand and Hamas, mediated by third parties. Srettha wants the remaining hostages to be freed.

“Are we part of the conflict? We’re not part of the conflict. All we want is peace and common prosperity. All we want is safety for our people. All we want is the release of the remaining eight hostages. To this point, we still don’t know whether they are alive,” he said.

“Are we to be blamed? No. We went in there to help grow the economy. They’re not spies. They were in the field.”




Thailand's Prime Minister Srettha Thavisin is seen on a display monitor as he speaks to the Thai nationals released by their Hamas captors as they arrived at Bangkok's Suvarnabhumi Airport on Nov. 30, 2023. (AFP/File)

Despite the harm caused to Thai nationals in the Oct. 7 attack, Thailand has joined other nations in calling on Israel to halt its retaliatory campaign in the Gaza Strip, sticking firmly to its policy of neutrality.

“We want a ceasefire,” said Srettha. “(When I speak to world leaders, I ask them): ‘How can the conflict be ended?’

“How can we talk about green energy? How can we talk about economic development? How can you talk about trade and commerce when people are dying? I mean, that’s just not right. It’s just not right.”

And this is not the only regional conflict where Thai workers have found themselves in need of extraction. When the crisis erupted in Sudan on April 15 last year, Ƶ opened its airspace to allow the Royal Thai Airforce to evacuate its citizens from the war-torn East African country.

“We’re grateful for that,” said Srettha.




In this photo taken on March 3, 2022, Saudi officials welcome Thai pilgrims who arrived in Jeddah’s King Abdulaziz International Airport on board the first Saudia plane to fly directly from Thailand to Ƶ after a three-decade hiatus. (X: @HajMinistry)

Around 5 percent of Thailand’s population is Muslim. Every year, thousands of Thai nationals travel to Ƶ to perform the Hajj pilgrimage. This continued even during the long years of severed ties between the two countries.

“There were many, many millions of people going over to Makkah,” said Srettha.

Thai Muslims who spoke to Arab News say they would like the government to increase the quota of pilgrims permitted to travel to Ƶ for the pilgrimage and the number of flights on offer.

“I am not aware that they don’t have enough quotas. Obviously, they have their flights already there. Being a government that comes from the people, we need to listen to what people need,” he said.




Prime Minister Srettha received a gift of dates from Arab News Editor-in-Chief Faisal J. Abbas after an interview at a Starbucks in Bangkok’s Chinatown on Saturday, Chinese New Year. (AN photo by Abdulrahman Fahad bin Shulhub)

The Muslim-majority southern provinces of Thailand have seen decades of unrest. As a result, Srettha says his government is working to bolster the local economy of the south to encourage stability.

“If you have been following Thailand for a long time, in the deep south there has been a problem, about the three or four provinces of the deep south, there has been some trouble lately,” he said.

“I would like to see more people that live in a rural area get more income from agricultural products.”

Srettha says he wants citizens to enjoy more personal freedoms and greater prosperity.

“Generally, the well-being of the people,” he said. “More money in the pocket. Free your heart to do what they want, be who they want to be.”


North Korea troops in Ukraine war ‘extremely significant’ for east Asia security: Japan minister

North Korea troops in Ukraine war ‘extremely significant’ for east Asia security: Japan minister
Updated 7 sec ago

North Korea troops in Ukraine war ‘extremely significant’ for east Asia security: Japan minister

North Korea troops in Ukraine war ‘extremely significant’ for east Asia security: Japan minister
“We are seriously concerned over this development, and strongly condemn it,” said Tokyo’s foreign minister Takeshi Iwaya

KYIV: Japan’s foreign minister warned Saturday that North Korean troops entering the Ukraine conflict would have an “extremely significant” effect on east Asian security, with Pyongyang reportedly deploying troops to Russia’s border Kursk region.
“This will not only deepen the severity of the Ukraine situation, but also have extremely significant implications for east Asia’s security situation,” Tokyo’s foreign minister Takeshi Iwaya said while on a visit to Kyiv, pledging further support. “We are seriously concerned over this development, and strongly condemn it.”

Iran ‘categorically’ denies envoy’s meeting with Musk

Iran ‘categorically’ denies envoy’s meeting with Musk
Updated 16 November 2024

Iran ‘categorically’ denies envoy’s meeting with Musk

Iran ‘categorically’ denies envoy’s meeting with Musk

TEHRAN: Iran’s foreign ministry spokesman on Saturday “categorically” denied The New York Times report on Tehran’s ambassador to the United Nations meeting with US tech billionaire Elon Musk, state media reported.
In an interview with state news agency IRNA, spokesman Esmaeil Baghaei was reported as “categorically denying such a meeting” and expressing “surprise at the coverage of the American media in this regard.”
The Times reported on Friday that Musk, who is a close ally of President-elect Donald Trump, met earlier this week with Iran’s ambassador to the UN, Amir Saeid Iravani.
It cited anonymous Iranian sources describing the encounter as “positive.”
Iranian newspapers, particularly those aligned with the reformist party that supports President Masoud Pezeshkian, largely described the meeting in positive terms before Baghaei’s statement.
In the weeks leading up to Trump’s re-election, Iranian officials have signalled a willingness to resolve issues with the West.
Iran and the United Stated cut diplomatic ties shortly after the 1979 Islamic revolution that toppled the US-backed shah of Iran, Mohammed Reza Pahlavi.
Since then, both countries have communicated through the Swiss embassy in Tehran and the Sultanate of Oman.


Indian private university opens first international campus in Dubai

Indian private university opens first international campus in Dubai
Updated 16 November 2024

Indian private university opens first international campus in Dubai

Indian private university opens first international campus in Dubai
  • Indian FM inaugurated the Dubai campus of Symbiosis International University on Thursday
  • Under national education policy, New Delhi wants to internationalize Indian education system

New Delhi: A private Indian university has opened its first international campus in Dubai this week, marking a growing education cooperation between New Delhi and Abu Dhabi. 

Symbiosis International University is a private higher education institution based in the western Indian city of Pune with at least five other campuses operating across the country, offering undergraduate, postgraduate and doctorate-level programs. 

It is considered one of the top private business schools in the South Asian country, ranking 13th in management in the Indian Ministry of Education’s National Institutional Ranking Framework. 

SIU’s Dubai campus, which will offer management, technology and media and communications courses, was officially inaugurated on Thursday by Indian Foreign Minister S. Jaishankar and Sheikh Nahyan bin Mubarak, the UAE minister of tolerance and coexistence. 

“I am sure that this campus will foster greater collaboration and research linkages between scholars of India and UAE, for mutual prosperity and global good,” Jaishankar said during the ceremony. 

“(The) ceremony is not just an inauguration of a new campus; it is a celebration of the growing educational cooperation between our two countries. Right now, Indian curriculum and learning is being imparted through more than 100 International Indian Schools in UAE, benefitting more than 300,000 students.”

Under India’s National Education Policy 2020, New Delhi aims to internationalize the Indian education system, including by establishing campuses abroad. 

Another top Indian school, the Indian Institute of Technology-Delhi, began its first undergraduate courses in September, after starting its teaching program in January with a master’s course in energy transition and sustainability. 

Initially launched in September with more than 100 students, the SIU Dubai Campus is the first Indian university in Dubai to start operations with full accreditation and licensing from the UAE’s top education authorities, including the Ministry of Education. 

“A university setting up a campus abroad is not just a bold step, but a concrete commitment to the goal of globalizing India. They certainly render an educational service, but even more, connect us to the world by strengthening our living bridges,” Jaishankar added as he addressed the students. 

Dr. Vidya Yeravdekar, pro-chancellor of Symbiosis International University, said that the school’s establishment in Dubai was in line with the UAE’s education goals. 

“Internationalization is central to the UAE’s educational vision,” Yeravdekar said on Friday. 

“By opening our campus in Dubai, we are creating a gateway for students from around the world to engage in a truly global academic experience, where they can benefit from international faculty, real-world industry collaborations, and a curriculum that meets the needs of a changing world.”


Russia captures two villages in eastern Ukraine, defense ministry says, according to agencies

Russia captures two villages in eastern Ukraine, defense ministry says, according to agencies
Updated 16 November 2024

Russia captures two villages in eastern Ukraine, defense ministry says, according to agencies

Russia captures two villages in eastern Ukraine, defense ministry says, according to agencies

MOSCOW: Russian forces have captured the villages of Makarivka and Leninskoye in Ukraine’s Donetsk region, Russian news agencies reported on Saturday, citing the Russian Defense Ministry.


UN climate chief asks G20 leaders for boost as finance talks lag

UN climate chief asks G20 leaders for boost as finance talks lag
Updated 16 November 2024

UN climate chief asks G20 leaders for boost as finance talks lag

UN climate chief asks G20 leaders for boost as finance talks lag
  • Negotiators at the COP29 conference in Baku struggle in their negotiations for a deal intended to scale up money to address the worsening impacts of global warming

BAKU: The UN’s climate chief called on leaders of the world’s biggest economies on Saturday to send a signal of support for global climate finance efforts when they meet in Rio de Janeiro next week. The plea, made in a letter to G20 leaders from UN Framework Convention on Climate Change Executive Secretary Simon Stiell, comes as negotiators at the COP29 conference in Baku struggle in their negotiations for a deal intended to scale up money to address the worsening impacts of global warming.
“Next week’s summit must send crystal clear global signals,” Stiell said in the letter.
He said the signal should support an increase in grants and loans, along with debt relief, so vulnerable countries “are not hamstrung by debt servicing costs that make bolder climate actions all but impossible.”
Business leaders echoed Stiell’s plea, saying they were concerned about the “lack of progress and focus in Baku.”
“We call on governments, led by the G20, to meet the moment and deliver the policies for an accelerated shift from fossil fuels to a clean energy future, to unlock the essential private sector investment needed,” said a coalition of business groups, including the We Mean Business Coalition, United Nations Global Compact and the Brazilian Council for Sustainable Development, in a separate letter.
Success at this year’s UN climate summit hinges on whether countries can agree on a new finance target for richer countries, development lenders and the private sector to deliver each year. Developing countries need at least $1 trillion annually by the end of the decade to cope with climate change, economists told the UN talks.
But negotiators have made slow progress midway through the two-week conference. A draft text of the deal, which earlier this week was 33-pages long and comprised of dozens of wide-ranging options, had been pared down to 25 pages as of Saturday.
Sweden’s climate envoy, Mattias Frumerie, said the finance negotiations had not yet cracked the toughest issues: how big the target should be, or which countries should pay.
“The divisions we saw coming into the meeting are still there, which leaves quite a lot of work for ministers next week,” he said.
European negotiators have said large oil-producing nations including Ƶ are also blocking discussions on how to take forward last year’s COP28 summit deal to transition the world away from fossil fuels.
Ƶ’s government did not immediately respond to a request for comment. Progress on this issue has been dire so far, one European negotiator said.
Uganda’s energy minister, Ruth Nankabirwa, said her country’s priority was to leave COP29 with a deal on affordable financing for clean energy projects.
“When you look around and you don’t have the money, then we keep wondering whether we will ever walk the journey of a real energy transition,” she said.