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OECD supports Thailand’s accession to the organisation in 2028

OECD supports Thailand’s accession to the organisation in 2028

Today 16:24 Key points summarised by AI
  • OECD Secretary-General Mathias Cormann affirmed strong support for Thailand's ambition to join the organization by 2028, recognizing Prime Minister Anutin Charnvirakul's leadership in this initiative.
  • Thailand views OECD accession as a pivotal opportunity to drive comprehensive reforms in legal affairs, policies, and performance standards, aligning the country with international benchmarks for sustainable economic development.
  • The OECD underscores the necessity of these reforms to enhance competitiveness, attract foreign trade and investment, streamline regulations, and create greater economic opportunities, especially given Thailand's recent slowdown in economic growth.
  • The accession process involves OECD committees meticulously comparing Thailand's existing legal and policy frameworks against international standards, a step built upon more than a decade of collaborative engagement.
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