Prime Minister Prayut Chan-o-cha presented three steps to sustainable cooperation comprising responsiveness, recovery and resilience in the meeting of the ASEAN Business Advisory Council (ASEAN-BAC).
He sent his message to the teleconference from Government House at 5.35pm. on Friday.
The prime minister said that the world faced great challenges brought by the coronavirus disease 2019 (COVID-19) over the past six months and there were severe impacts on health, safety, economy and trade. All countries had to balance public health against economic rehabilitation, he said.
He said that the Association of Southeast Asian Nations (ASEAN) was an important production base of the world and he supported ASEAN-BAC in pushing for united responses to COVID-19.
Gen Prayut emphasized 3Rs to handle COVID-19. The first one is “responsiveness” to economic impacts, which includes transport conveniences and the protection of supply chains.
The second one is “recovery” of economies through the promotion of trade and investment and free trade agreements including the Regional Comprehensive Economic Partnership (RCEP).
The third one is “resilience” in coping with health crises in the future and developing digital economy and electronic commerce.
The prime minister promised to support the private sector in developing the economy of Southeast Asia. (TNA)