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PM says main govt worry is capital flows
Tuesday | 12/03/2013 - 08:47 AM
PM says main govt worry is capital flows

Rohingya News Agency (Bangkok Post): Capital inflows and baht appreciation, the impact of climate change, and challenges posed by the Asean Economic Community are three of the government's top concerns, Prime Minister Yingluck Shinawatra said yesterday.

Speaking at an annual address at the Foreign Correspondents' Club of Thailand yesterday, Ms Yingluck said the government needs to make sure that foreign investment are real investments which meant capital flows and the strengthening baht had to be closely monitored.

Another concern is the impact of climate change reflected in ever increasing natural disasters such as the great flood in 2011 and this year's drought. Her government, she said, needs to invest in water resource management schemes to cope with these climate-triggered disasters which have a huge impact on agriculture.

The third top concern for the government will be Thailand's ability to seize opportunities when Asean become a single community in 2015.

"Thailand has a lot more work to do before it can take advantage of the Asean Economic Community [AEC]," she said.

The premier pledged that Thailand will play a key role in helping build peace and stability in Southeast Asia as the region prepares for the AEC .

"Thailand is ready to play its part so that our country and other Asean members can grow strong and prosper together," she said, adding that Thailand will support border trade and logistics strategies among the Asean countries.

Bangkok will also support peaceful dialogues in the region, such as over the South China Sea disputes, she said.

Addressing the government's policy on southern violence, Ms Yingluck said her government does not support the idea of autonomy for the southernmost provinces and that stakeholders and groups are welcome to attend future talks to bring about peace and unity in the region.

Ms Yingluck said one of the problems the government is encountering is an influx of Rohingya migrants.

The premier reiterated the government cannot take care of Rohingya people who have been in temporary shelters in several southern province permanently.




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