Thailand is aiming to boost its economic and political ties with nearly two dozen nations, as world leaders gather for the APEC Summit later this week in Bangkok.
But observers say with geopolitical tensions at a high between the United States and China, and Russia’s war in Ukraine, Thailand is looking out for its own benefit during the event.
The Asia-Pacific Economic Cooperation, or the APEC, is a group of 21 Asia-Pacific economies whose senior officials and representatives will meet to discuss issues focusing on trade, economic integration, sustainable development, and support for business enterprises.
The meeting will be held between the 18th and 19th of November and will be chaired by Thailand’s Prime Minister Prayut Chan-o-Cha at the Bangkok’s Queen Sirikit National Convention Center. Chinese President Xi Jinping will attend, but U.S. President Joe Biden will not, being represented instead by Vice President Kamala Harris.
For Thailand, their theme for the summit is promoting a Bio-Circular Green, or BCG Economy, a growth model using science, innovation, and technology to maximize the use of resources, maintain ecosystems and reduce waste in efforts to both promote business and counter environmental challenges.
News Source: VOA News
Image Source: www.apec2022.go.th