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Thailand, US Sign Infrastructure Agreement


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Thailand, US Sign Infrastructure Agreement

 

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BANGKOK, Oct 28 (TNA) — The Thai Ministry of Finance and the United States Department of Treasury signed an agreement on bilateral cooperation to raise funds for infrastructures in Thailand.

 

Pornchai Teerawet, deputy spokesman of the Ministry of Finance, said Finance Minister Arkhom Termpittayapaisith exchanged the signed documents with US ambassador Michael George DeSombre at the Ministry of Finance.

 

According to the documents, both countries will cooperate on infrastructure development, raise funds from the private sector for the purpose, promote money and capital markets for infrastructure development, and study problems and solutions for infrastructure developers’ access to finance.

 

Full Story: https://tna.mcot.net/english-news-572275

 

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-- © Copyright TNA 2020-10-28
 
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14 hours ago, DrTuner said:

Fighting the CCP, I see. It'll be costly, not sure if Thailand is worth it, as Vietnam would provide a better ally against the CCP aggression in South China Sea.

This is a financial agreement.

 

As far as defense: The United States has a long standing defense treaty with Thailand.

If China were to attack, Vietnam would have it's own problems!

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At the same time as Thailand "inks" deal with China for high-speed rail 
Stand-by.  This should get interesting. 

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10 hours ago, onekoolguy said:

This is a financial agreement.

 

As far as defense: The United States has a long standing defense treaty with Thailand.

If China were to attack, Vietnam would have it's own problems!

 

If China were to attack (the US), at this stage Thailand might just join with China. 

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