The Director-General of the Department of International Economic Affairs, IMF, rated the global economy as approving of APEC leaders, with inflation falling and employment rising. But there is still a risk of conflict. May affect oil prices
On November 18, 2023, at 12:00 PM local time on November 17, the Prime Minister of Thailand, Mr. Reporters said that Setha is missing. He attended the APEC Economic Leaders’ Meeting in a friendly manner. The meeting concluded with 2 documents: 1. The Golden Gate Declaration on Doing Business by Addressing Climate Impacts and 2. Driving Trade Under the WTO Framework.
Director General of Department of International Economic Affairs Mr. Chertsai Savavid said the meeting of leaders came to see together the economies of the Asia-Pacific as a whole. It started with IMF fund managers looking at the overall picture of the growth of the world economy. Inflation has declined and employment has increased but there is still risk of conflict. This could affect oil prices and the economy as a whole.
The Prime Minister of Thailand clearly emphasized in the meeting that Thailand will progress with an open economy. All sectors should benefit extensively, especially in running the FDA. Businesses doing business after this must also consider the impact of climate change.
The Prime Minister also reiterated the benefits of the land bridge project. He also said that this will help to fully connect the transportation. Currently, Thailand tourism is starting to come back strong. Thailand will accelerate the issuance of Apec Travel Cards to businessmen in the APEC Economic Zone.
However, this time the leaders of Thailand, China, the US, Australia and Canada spoke about the impact of AI technology. Although it is not yet the main topic of the meeting, I believe that in the future all countries will come back and discuss this issue together more.
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