Thai minister explains how country could profit from major trade conflicts
Thailand sees opportunity to boost its exports amid global trade disagreements. Commerce minister points to balanced relations with both US and China while highlighting tech companies expansion plans
Thai commerce minister Pichai Naripthaphan points out how his country might benefit from trade disagreements between global powers‚ while keeping its non-aligned position
The south-east Asian nation sees an opening to fill market gaps: if Chinese goods become less available in US markets Thai products could take their place. “The Americans love us the Chinese love us we dont have to choose sides“ Pichai explained to press (showing confidence in Thailandʼs neutral stance)
Tech sector growth shows promise as well — companies are expanding their thai operations:
- Seagate planning to grow its facilities
- Western Digital looking to increase production
A US business group is set to visit Thailand this month; which could lead to more tech-focused partnerships. The minister highlights Thailandʼs unique position — maintaining good ties with both economic powers while avoiding taking sides in their disputes
