Thailand’s ambitious high-speed train project, intended to link the country’s three major airports, has finally taken off. The signing ceremony for the contract between the Charoen Pokphand Group (CP), Thailand’s leading conglomerate, and the State Railway of Thailand took place on 24 October at Government House. Witnessing the event were Prime Minister Prayut Chano-cha, key cabinet ministers, senior government officials, the chief executives of the companies involved in the international consortium led by CP, and the ambassadors of the countries in which those companies are based. Also present were a throng of journalists and cameramen. A press conference for the local and foreign was convened separately, directly after the signing.
It was not that long ago that trade economists were concerned about the effect that the proliferation of bilateral free trade agreements (FTAs) were having on the multilateral trading system. For instance, the number of bilateral FTAs in-effect involving at least one country from the Asia-Pacific, the epicenter of FTA proliferation, increased four-fold from 39 in 2000 to 159 in 2019. The pace of the proliferation has slowed dramatically, however, with only 3 such agreements going into effect in the last two years. [1]
Since he assumed office in June 2016, Philippine President Rodrigo Duterte has pledged to pursue an “independent foreign policy” to reduce the country’s perceived overdependence on the US, increase its strategic autonomy and galvanize the economy. In pursuit of this policy, Duterte has paid two official visits to Russia. His first, in May 2017, was cut short due to the outbreak of hostilities in Marawi City. His second, on 1-5 October 2019, demonstrated how little progress had been made in advancing bilateral relations since then.
“Anand Panyarachun and Royal Intervention in Thai Politics” by Supalak Ganjanakhundee