Thai finance minister urges restoration of global order in a fragmented world

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Finance Minister Ekniti Nitithanprapas called for a renewed commitment to international order and deeper cross-border integration to navigate global economic uncertainty and geopolitical shifts.
He highlighted a paradigm shift where economic security, supply chain resilience, and market diversification now take precedence over traditional cost efficiency for nations and corporations.
Thailand actively diversifies its energy imports, moving beyond the Middle East to regions like Latin America, and leverages a 47% surge in Foreign Direct Investment (FDI) applications to mitigate geopolitical risks.
Ekniti urged ASEAN member states to establish stronger, interconnected regional frameworks to enhance collective resilience against global energy shocks, positioning Thailand as a "trusted connector."
He emphasized that open economies must pair market access with domestic capability building, investing in human capital development and rule-based governance for long-term stability and workforce productivity.

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