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Thailand and US Strengthen Economic Ties Through Trade and Investment Initiatives

Bangkok:Thailand and the United States are intensifying their economic cooperation by boosting trade and investment for future growth.

According to Thai News Agency, Deputy Prime Minister and Minister of Commerce Ms. Supajee Suthamphan joined Prime Minister Anutin Charnvirakul in a meeting with a delegation from the US-ASEAN Business Council (USABC). The meeting, held at Government House on November 5, 2026, was attended by Mr. Brian McFeeters, President and CEO of USABC, along with representatives from 33 leading US companies.

The discussions were centered on promoting trade and investment cooperation between Thailand and the United States, particularly focusing on the Agreement on Reciprocal Trade (ART). Key issues in the negotiations have been concluded, with plans to announce these developments during the ASEAN Summit in mid-November in Manila, Philippines. The meeting also explored opportunities in target industries such as advanced electronics, artificial intelligence, the digital economy, energy, and agricultural products.

The Ministry of Commerce is committed to expanding trade and investment opportunities between the two nations, enhancing Thai entrepreneurs' competitiveness, and connecting supply chains. The goal is to enable Thai businesses to utilize this cooperation to broaden markets and increase the value of goods and services, fostering stable and sustainable economic growth for both countries.

The US-ASEAN Business Council (USABC) is a significant business organization that fosters economic, trade, and investment relations between the US and ASEAN member countries. It comprises leading US companies and acts as a bridge between the business sector and government to support the expansion of trade and investment, as well as economic cooperation in the region.