Showing 1 - 3 of 3
Why OECD membership matters
News, Werapong Prapha, Published on 12/05/2025
» In a highly fragmented world, Thailand's accession to the Organisation for Economic Cooperation Development (OECD) is more than just a diplomatic gesture -- it marks a transformative opportunity to accelerate structural reform and attract high-quality investment. Today, the 38 OECD member countries account for over 60% of global GDP and 75% of world trade, with over half of global energy consumption -- underscoring the bloc's strategic importance.
Regional power rejig in new age
News, Werapong Prapha, Published on 23/01/2025
» What happens to a region when the rules of global trade no longer apply? For The Association of Southeast Asian Nations (Asean), this is no longer a hypothetical question -- it is our pressing reality. This week, Donald Trump was sworn in as the 47th president of the United States, ushering in what many see as the end of the post-liberal trade era. This era, defined by hyper-globalisation and a rules-based system governed by multilateralism, is now giving way to an unpredictable and fragmented global order.
Seafood industry must walk talk
News, Art Prapha, Published on 05/11/2019
» Recently, the Office of the United States Trade Representative (USTR) announced that the US will be suspending US$1.3 billion (39.2 billion baht) in trade preferences for Thailand under Generalised System of Preference (GSP) by April 2020. The USTR cited a failure to "adequately provide internationally recognised worker rights" in the seafood industry as the main reason for the withdrawal. Thailand now has six months to negotiate and resolve rights issues before the suspension takes effect.