Thailand abstained on UN vote to have its voice heard – FM Don

30 Sept 23:12 Key points summarised by AI

Thailand abstained from a UN resolution condemning Russia's annexation of Ukrainian regions to ensure its unique diplomatic voice is heard and to draw international attention to its peace initiatives, as stated by Foreign Minister Don Pramudwinai.
Minister Don dismissed speculation that the abstention was linked to Russian President Putin's potential APEC attendance, asserting it was a calculated diplomatic move aimed at fostering dialogue rather than joining a large group of condemning nations, which Thailand views as counter-productive.
Acknowledging the war's acute economic impact, Thailand advocates for a serious commitment to a peace process, highlighting upcoming Asian summits (ASEAN, G-20, APEC) as crucial "golden opportunities" for resolving the Ukraine crisis.
This "quiet diplomacy" approach mirrors Thailand's foreign policy stance towards Myanmar, prioritizing facilitation and a peaceful resolution over open criticism.

Thailand secures US$200m World Bank loan for clean energy and low carbon cities

Today 09:24 Key points summarised by AI

Thailand secured a US$200 million loan from the World Bank to significantly invest in clean energy and low-carbon urban development initiatives.
The program aims to drive clean energy funding and low-carbon growth, ensuring a just transition for small and medium-sized enterprises, workers, farmers, and local communities.
Channelled through the Export-Import Bank of Thailand, the loan will fund energy efficiency upgrades in public buildings and industrial areas, including rooftop solar installations and electrical system modernizations, reducing initial capital burdens via Energy Service Companies (ESCOs).