Thailand has confirmed its commitment to joining BRICS as a partner nation, with Foreign Minister Maris Sangiampongsa stating that the move aligns with the country’s economic strategy to enhance global competitiveness. Speaking before the Senate, Maris emphasized that Thailand’s participation aims to strengthen its role in international trade while maintaining balanced global relations. He also clarified that the decision does not require parliamentary approval, as it does not constitute a binding agreement.
Beyond BRICS, Thailand remains engaged in multiple international economic frameworks, including the Indo-Pacific Economic Framework for Prosperity (IPEF) and the Organization for Economic Cooperation and Development (OECD). The country also continues its active participation in the Asia-Pacific Economic Cooperation (APEC) and the Greater Mekong Subregion (GMS) Economic Cooperation Program, both of which focus on trade and investment in the region.
A major focus of Thailand’s economic policy is strengthening trade relations with Europe. The government is currently negotiating a Free Trade Agreement (FTA) with the European Union, following the recent signing of a similar deal with the European Free Trade Association (EFTA). Officials anticipate that an EU-FTA will open new opportunities for Thai businesses, improving their competitiveness in global markets.
Thailand also reaffirmed its long-standing relationship with the United States, with Maris stating that diplomatic and trade cooperation with Washington remains unchanged. The government will continue engaging in economic and security discussions to maintain strong bilateral ties.
