On 6 July the European Association for Business and Commerce (EABC) launched the 2018 European Business Position Paper. EU Ambassador Pirkka Tapiola joined together with the Minister of Commerce and the European Association for Business and Commerce (EABC) in the launch event.
In his welcoming remarks, Ambassador Tapiola stressed the importance of the openness of the economy and the existence of the rule of law in order to attract European investors. Ambassador Tapiola also encouraged Thailand to actively support the EU in ensuring the proper functioning of the WTO multilateral trading system in light of rising protectionism.
The European Business Position paper is an annual publication, containing a set of economic policy recommendations from the members of the EABC on a broad range of sectors and policy areas.
The EABC Position Paper is the unified work of EABC’s twelve working groups contributing to the improvement of European-Thai economic relations, trade and investment and covering a broad range of industries. This Paper provides important recommendations that will strengthen Thailand’s competitiveness towards more prosperity. Policymakers today acknowledge the benefits of useful information presented in this Paper, as identifying optimal solutions to complicated problems require input from business leaders.
The report is unique in that it is derived from the extensive efforts and serious commitment from more than 80 European business leaders in Thailand – with over 70 working group sessions held over the past year. This Paper is a resource for the Royal Thai Government’s regulators and policymakers to learn about the issues and to find the best approach. The EABC Position Paper is our sincere contribution to improve Thailand’s competitiveness for the mutual benefit of the two economies, and for long-term European investment in Thailand.
Source: European Association for Business and Commerce
