BANGKOK, Feb 4– The Japan-Thailand Joint Trade and Economic Committee confirmed that Japan would not withdraw its production and investment from Thailand and was ready to help develop infrastructure in the country.
Eizo Kobayashi and Toshiyuki Shiga, chairman and co-chairman respectively of the Japan Business Federation committee, announced the news when meeting Prime Minister Prayut Chan-o-cha at Government House Tuesday.
Mr Kobayashi said the stance resulted from Japan's confidence in Thailand's political stability, infrastructure and mutual trust. He thanked the prime minister for restoring stability and mechanisms in Thailand.
Mr Kobayashi said that he was ready to take part in infrastructure development in Thailand and that he believed that Prime Minister Prayut's visit to Japan from Sunday to Tuesday will be successful.
Gen Prayut thanked Japan for using auto parts from Thailand. He urged Japan to enhance its production capacity in the country, continue to transfer modern technologies and conduct research and development in automobile tests and natural rubber.
He also persuaded Japan to invest in the textile and jewelry sectors while promising promotional privileges, infrastructures and streamlined regulations to facilitate the investment expansion.
In the meeting, both sides agreed to promote trade and investment in Southeast Asia. (MCOT online news)
