"EU Businesses Reaffirm Commitment to Thailand" - EABC President on Krungthep Turakij (4 July 2014)

Mr Rolf-Dieter Daniel, president of the European ASEAN Business Centre (EABC), said THE European Union’s decision to scale back ties with Thailand and suspend official visits to and from Thailand are merely symbolic gestures as the EU fully supports the reform efforts in Thailand. The EABC president does not expect trade and investment relations between the Kingdom and the EU to be affected by the EU’s decision. EU investors will continue to invest in Thailand. The EU is also the biggest investor in ASEAN, accounting for 22.3% of all foreign investment projects. The bloc is also among Thailand’s top five export markets.

(Sypnosis by DragonWorldMedia)