Thailand
(Bangkok, Thailand) On June 5, the US-ASEAN Business Council (the Council) co-organized a US-ASEAN Digital Economy Policy Retreat for the Digital Economy Framework Agreement (DEFA) with the Thailand Ministry of Commerce, Chair for the DEFA Negotiating Committee.
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The US-ASEAN Business Council is a trade association that promotes economic ties between the United States and the member countries of the Association of Southeast Asian Nations (ASEAN). It serves as a platform for dialogue and collaboration between the private sectors of the U.S. and ASEAN countries, fostering business relationships and advocating for policies that enhance trade and investment.
The Council plays a crucial role in strengthening economic relations between the United States and Thailand by facilitating business engagement, providing a forum for policy discussions, and supporting initiatives that promote trade and investment. It serves as a bridge between American companies and the Thai business community, fostering cooperation and identifying opportunities for mutual benefit.
The US-ASEAN Business Council engages in various initiatives to enhance economic cooperation with Thailand. This may include organizing business missions, hosting forums and conferences, and participating in policy dialogues. Additionally, the Council works with its members to address specific issues related to trade and investment in Thailand, aiming to create a conducive environment for business growth.
Businesses can benefit from the Council's activities by gaining access to valuable networking opportunities, staying informed about market trends, and participating in discussions that shape policy decisions affecting trade and investment. The Council's initiatives provide a platform for companies to build relationships, exchange information, and address challenges, ultimately fostering a conducive environment for business growth and collaboration.
The Council contributes to Thailand's economic development and integration within ASEAN by advocating for policies that promote a transparent and open business environment. Through its engagement with government officials and business leaders, the Council works to address barriers to trade and investment, encouraging policies that support economic growth and regional integration. This helps Thailand strengthen its position within ASEAN and enhance its economic ties with the United States and other member countries.
