ASEAN

New Collaboration Opportunities Arise from the First ASEAN-GCC Summit

The ASEAN-GCC Summit in Riyadh focused on strengthening economic and social bonds between the regions.

This article was originally found on Thailand Business News.

The ASEAN-Gulf Cooperation Council Summit took place in Riyadh, Saudi Arabia. Both regions discussed tighter economic and social bonds, addressing challenges in various areas, and developing a sustainable vision. The Thailand Prime Minister proposed collaboration in trade, sustainable energy, and people-to-people relations. Thailand aims to double tourists from GCC countries and called for an end to regional violence.

Riyadh Hosts Inaugural ASEAN-GCC Summit The first-ever ASEAN-Gulf Cooperation Council (GCC) Summit recently took place in Riyadh, Saudi Arabia. The summit aimed to strengthen economic and social ties between the two regions. With ASEAN and GCC collectively accounting for 6% of global GDP, the summit discussed challenges in human security, food, energy, healthcare, and climate change. Both regions agreed to prioritize sustainability and citizens' well-being.

Thailand's Prime Minister Proposes Collaboration Areas During the summit, Thailand's Prime Minister proposed three key areas for collaboration. These areas include seamless trade and investment, sustainable energy development with the goal of zero net greenhouse gas emissions, and enhanced people-to-people relations. Thailand also seeks to increase the number of tourists from GCC countries by capitalizing on its expertise in health tourism.

Appeal for Peace and Security The Prime Minister of Thailand urged for an end to regional violence during the summit, specifically mentioning the loss of Thai lives in the Middle East. He called for peaceful negotiation and the immediate, unconditional release of hostages. The ASEAN-GCC Summit aimed to foster a sustainable future and creative partnership between the two regions.