Bangkok: Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, has urgently called a meeting with the private sector to address potential impacts on Thailand and Cambodia if the current situation persists. This includes monitoring banks and businesses with branches in Cambodia, as well as sectors such as airlines, telecommunications, and energy, along with adjusting freight routes.
According to Thai News Agency, Mr. Pichai chaired the meeting to prepare the private sector for possible escalation in the conflict between Thailand and Cambodia. Stressing the need for caution amidst the fragile situation, he acknowledged recent tensions and emphasized the importance of maintaining good relations with neighboring countries. The Thai government remains calm and cautious, prioritizing peaceful coexistence.
Mr. Pichai highlighted the need for Thailand to prepare for potential economic impacts, particularly if the situation continues. A thorough assessment is necessary for sectors like border trade, manufacturing reliant on Cambodian raw materials, and the financial sector with interests in Cambodia. The government is also ready to implement support measures, including state bank loans, tax relief, and changes in logistics to stimulate the economy in border provinces in both the short and medium term. The meeting serves as preparation, with no intention to escalate tensions, reaffirming Thailand's commitment to peace and ASEAN's shared security.
Regarding Cambodian workers in Thailand, the government maintains a clear stance against unnecessary repatriation. The Ministry of Finance recognizes the importance of these workers to the Thai economy, ensuring their continued contribution without disruption.