Kingdom stands to gain from IPEFNews of Thailand's participation in US President Joe Biden's Indo-Pacific Economic Framework (IPEF) has caused quite a stir in the kingdom, with some members of the public protesting a move perceived as putting the country at odds with China and Russia. President Biden introduced the IPEF during his visit to the region on May 23. It does the kingdom no good to allow fear or favour to drive economic policy at a time like this. Should economic opportunities arise from the IPEF, Thailand will be among the first to reap the rewards because of that decision made earlier this week. IPEF membership is likely to be beneficial in the future and the cabinet will next week discuss this issue.

Source: Bangkok Post May 29, 2022 01:01 UTC