Thailand, US reach agreement in principle on tariffs, FM says

Thailand and the United States have reached an agreement on tariff negotiations in principle, according to Foreign Minister Sihasak Phuangketkeow. Both countries seem satisfied with the outcome, though numerous details still need to be finalized. The agreement will require approval from Thailand's Parliament. Sihasak spoke about the progress during an interview at Government House, ahead of Chinese Premier Li Qiang's official visit on November 13.

The visit aims to strengthen political and economic ties, particularly in areas such as AI and high-tech investment. Sihasak highlighted the importance of attracting Chinese investment in emerging industries and ensuring that Chinese companies transfer knowledge to the Thai workforce. Additionally, Thailand wants China to develop technology locally rather than merely establishing assembly operations.

The discussion will also cover tourist safety, as Thai authorities aim to reassure Chinese tourists about the safety of their visit. The Thai government acknowledges concerns about tourists being deceived or involved in fraudulent activities and emphasizes the need for clear communication to prevent unnecessary alarm. Strengthening economic ties, promoting advanced technology investment, and ensuring tourist safety are expected to be central topics during Premier Li's visit.