Prime Minister Abhisit Vejjajiva to Attend World Economic Forum (27/01/2011)
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Prime Minister Abhisit Vejjajiva will lead a Thai delegation to attend the 2011 World Economic Forum in Davos, the Swiss Confederation, from January 28 to 31. The delegation comprises the Minister of Foreign Affairs, the President of Thai Trade Representatives, and members the Thai business community.

The theme for the 41st World Economic Forum, “Shared Norms for the New Reality,” reflects the concern that global leaders have in dealing with complexities and how several global issues are inter-related in the post-global recession world. These complexities have destabilized both public confidence in government leaders and the prospect for economic and political stability.

The scheduled attendance at the World Economic Forum this year is the third occasion for Prime Minister Abhisit since he took office.The World Economic Forum has also chosen Thailand as the venue for the 2012 World Economic Forum on East Asia. The event is expected to be attended by more than 400 business and media leaders, reiterating the confidence the international community has in Thailand.

At the Forum in Davos, the Prime Minister is scheduled to join various sessions and deliver keynote speeches to several important discussions. For instance, he will deliver the opening remarks for the event “Informal Gathering of World Economic Leaders” under the title “Toward a New Growth Model.” He will take this opportunity to share a vision for the inclusive growth model after the global economic crisis, reflecting the need to sustain global economic reform and the realization of collective responsibility for the pursuit of individual policy. The importance of reform in the domestic economy to strengthen the economic insulation will also be highlighted, and the Prime Minister will use Thailand’s economic reform policy, which is being sped up for the benefit of the Thai people, as an example.

He will discuss and exchange ideas and opinions regarding the Thai automobile industry at the “Business Interaction Group on Thailand” forum, which is to be joined by auto-industry leaders, such as Renault-Nissan, Audi, Hyundai, Volkswagen, and Michelin. The Prime Minister will also discuss Thailand’s policies on the auto industry, the policy for making Thailand the hub for the automobile industry in ASEAN, and Thailand’s vision on energy and environment.

The Prime Minister is to be the keynote speaker on “Stabilizing Commodity Price and Supply in a Resource-constrained World.” He will discuss Thailand’s regulatory control on the prices of consumer goods, especially agricultural products and energy prices. The vision for the development of a futures market for agricultural products, in order to help farmers, would also be highlighted.

Furthermore, the Prime Minister is scheduled to discuss Thailand’s effort to improve competitiveness with Professor Klaus Schwab, the founder and Executive Chairman of World Economic Forum. The Prime Minister will also hold bilateral meetings with leaders from the private sector in order to build up confidence and promote foreign investment in Thailand.

On this occasion, members of the international press have also expressed their intention to interview the Prime Minister. CNN, CNBC Asia, BBC, Bloomberg, Euronews, and the Financial Times are interested in interviewing the Prime Minister on issues of Thai economic growth, the Government’s policy to maintain the rate of this year’s economic growth, the Thai political situation, and how the Government will promote business in Thailand. The Prime Minister will take this opportunity to clearly explain to the global audience the issues regarding the Thai political situation and the Government’s performance in sustaining growth in the Thai economy.


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