Nationwide crackdown launched on illegal nominee shareholders and land holdings
Thailand denies using military ties as leverage in US trade talks
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Thailand denies using military ties as leverage in US trade talks
13 Sept 09:57Key points summarised by AI
Thailand's government spokeswoman, Rachada Dhnadirek, explicitly denied reports suggesting the country would link military and security cooperation to trade negotiations with the United States.
She affirmed that trade talks would exclusively focus on Thailand's economic interests, aiming for fairness and a balanced trade outcome.
The government will meticulously assess US trade proposals, considering their potential impact on key Thai sectors like farmers, businesses, and manufacturing.
Rachada clarified that Thailand-US security and military cooperation, including the Cobra Gold exercise, is a long-standing partnership based on shared security interests, separate from trade discussions.
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.