Economy

PM holds bilateral meetings with EU on economic cooperation


PM holds bilateral meetings with EU on economic cooperation

Next on Srettha’s meeting schedule on Thursday was Ruth Porat, chief financial officer of Alphabet, the parent company of Google.

Topics discussed included Google’s investment in the cloud centre business in Thailand and the use of technology to improve public health services and boost the income of Thai farmers. The company highlighted the importance of technological advancement that would benefit everyone in society under the government’s “Leave no one behind” policy.

PM holds bilateral meetings with EU on economic cooperation

Srettha’s last meeting was with Remy Ejel, chief executive officer for Asia, Oceania and Africa at Nestlé, the world’s largest food and beverage company with factories around the world, including in Thailand.

After the meeting, Srettha said that after operating in Thailand for several years, Nestlé has expanded to the animal feed business and will continue to use Thailand as a hub for manufacturing and exporting, thanks to the advantages of its location and logistics.

The Nestlé CEO pointed out obstacles in Thailand’s import and export sector, noting that the existing FTAs with trade partners were not comprehensive enough, as well as the overlapping customs procedures.

Srettha promised the government’s full efforts to improve the ease of doing business for foreign companies, including the use of a single-form system among import-export authorities and the Board of Investment (BOI).





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