Nationwide crackdown launched on illegal nominee shareholders and land holdings
Foreign Ministry defends the merits of MOU 43
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Foreign Ministry defends the merits of MOU 43
11 Sept 01:03Key points summarised by AI
The Foreign Ministry defended the controversial MOU 43 between Thailand and Cambodia, clarifying its role as a crucial blueprint for border demarcation amidst nationalist calls for its revocation.
MOU 43 establishes the framework for joint surveys, border marker erection, and the creation of a practical map, building upon the 1904 and 1907 Siam-Franco treaties.
It mandates the duties of the Thai-Cambodian Joint Boundary Commission (JBC) and the Joint Technical Subcommittee (JTSC) to conduct field surveys and ascertain exact border marker locations.
The agreement requires both nations to refrain from altering the border landscape, settle any interpretation disputes bilaterally, and cooperate on mine clearance efforts.
The Ministry warned that revoking MOU 43 would not absolve Thailand of its obligations, as the country would still be bound by the existing 1:200,000 scale map.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.