Thailand beyond Phuket & PadThai Mr. Kitirat Panupong First Secretary, Royal Thai Embassy, Canberra...
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![Page 1: Thailand beyond Phuket & PadThai Mr. Kitirat Panupong First Secretary, Royal Thai Embassy, Canberra Guest Speaker at The Rotary Club of Canberra Burley.](https://reader035.fdocuments.in/reader035/viewer/2022062518/56649da85503460f94a9594b/html5/thumbnails/1.jpg)
Thailand beyond Phuket & PadThai
Mr. Kitirat Panupong
First Secretary, Royal Thai Embassy, Canberra
Guest Speaker atThe Rotary Club of Canberra Burley Griffin
7 June 2012
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“Asia’s where the action is,so wake up Australia!”
Matt Wade (SMH Easter Weekend Edition 2011):
“Several Asian economies that now receive passing attention in Australia will become major economic players. By 2050, some forecasts say, the six biggest members of ASEAN – Indonesia, the Philippines, Malaysia, Singapore, Thailand and Vietnam – will have a similar share of the global output to Europe’s big four – Germany, France, Italy and Britain.”
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Why is Thailand important to Australia?
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Thailand = regional / geographical hub
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Diplomatic Relations• The diplomatic relations between Thailand &
Australia were established on 19 Dec 1952=> 60th Anniversary in 2012
• The Royal Thai Embassy in Canberra• The Royal Thai Consulate General in Sydney• 4 Honorary Consulate Generals in Adelaide,
Brisbane, Melbourne, Hobart and 1 Honorary Consulate in Perth
• The Australian Embassy in Bangkok(5th largest in the world)
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Australia-Thailand Security Cooperation• Thailand is the biggest international partner of
Australian Federal Police (AFP)– Bomb Data Centre
• Australia is Thailand’s second largest partner in military cooperation
• Australia-Thailand Regional Security Dialogue(annually, since 1998)
• Close partnership in various regional / multilateral fora:– East Asian Summit (EAS) / ASEAN Regional Forum (ARF) – Bali Process (people smuggling and trafficking)– Counter-international terrorism– Global Initiative to Combat Nuclear Terrorism
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Economic Relations
• Australia is Thailand’s first comprehensive bilateral FTA partner
• Thailand is 1 of 5 countries with bilateral FTA with Australia (New Zealand, Singapore, Thailand, USA, and Chile)
• According to a survey by the Australian Industry Group in 2010, TAFTA was ranked as the most beneficial FTA through the eyes of Australian businesspeople.
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Trade Statistics(Million USD) 2006 2007 2008 2009 2010 2011
Value of Trade7,944.68 10,333.68 13,147.28 12,404.1
0 15,277.62 15,942.23
Thailand's Export to Australia
4,722.64 6,629.49 7,982.57 8,578.63 9,369.47 7,997.08
Thailand's Imports from Australia
3,222.04 3,704.19 5,164.72 3,825.47 5,908.15 7,945.15
Trade Balance:Surplus for TH 1,500.60 2,925.31 2,817.85 4,753.16 3,461.33 51.93
• Since TAFTA’s enter into force (2005), bilateral trade volumes have increased continuously/significantly.
• In 2011, Australia was Thailand’s # 6 largest trading partner while Thailand was Australia’s # 9 largest trading partner.
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ที่��มา: Trade at a glance 2011 , Department of Foreign Affairs & Trade
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ที่��มา: Trade at a glance 2011 , Department of Foreign Affairs & Trade
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Key Trade Merchandises
• Key imports from Thailand to Australia:o Gold & jewelleryo Automobiles incl. light
trucks & partso Heating and cooling
equipments & partso Computers & partso Processed seafood
• Key imports from Australia to Thailando Gold / Precious Stoneso Aluminium / Coppero Coal / Crude oilo Iron / Steelo Pharmaceutical productsoWheat / cerealsoWine !!!
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Australian Investment Projects (1997-2009)
• Total number of projects approved by Thailand’s Board Of Investment (BOI) was 147 projects valued at 1 billion AUD (approx.)
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Key Australian Investors in Thailand
and LinFox, Kingsgate, PanAust, etc.
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Thailand’s Investment priorities
• Thailand welcomes Australian investment particularly in the following sectors: Renewable energy, Bio-technology, Automotives / parts, Logistics, etc.
• Thailand’s outbound investment strategy focuses on the following sectors: processed food, mining, construction, tourism-related industry including hotels, etc
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Thai Investment in Australia• Increasing trend of Thai investment in Australia:
– PTTEP Australasia (oil & gas)– Banpu’s investment on Centennial Coal– Ratchaburi Holding’s investment on electricity generation plant
(coal, wind and solar)– Mitrpol’s investment on Maryborough Sugar Plant– Minor Group: Oak service apartment / Coffee Club– Carry Boy (customized utility vehicle / light truck)– Siam Steel International
• Total value of Thai investment in Australia is 2-3 times more than Australian investment in Thailand.
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Total number of Thai Expats / Thai restaurant in Australia
State # of Thai Expats # of Thai RestaurantNew South Wales 25,000 1,000Victoria 18,000 400Queensland 8,000 360South Australia 5,000 85Tasmania 500 15Western Australia 10,000 100ACT 700 40Northern Territory 1,000 10
Total (Approx.) 65,000 2,100
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International Students in Australia
• Australia was #1 destination for Thai students studying abroad, but strong AUD !!!
• Thai students in Australia ranked #6 in 2010 with 22,414 students, barely surpassed by Vietnam / Malaysia.
2010
156,193
93,386
31’427
22,414
20,103
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Thailand’s Position in ASEAN
• Association of Southeast Asian Nations (ASEAN) = 10 countries, with total population of almost 600 million people and total GDP of 1 trillion USD
• Thailand = regional / transportation hub, linking Indochina, southern China and South Asia (India) with the rest of southeast Asia
• Thailand = ASEAN’s regional HQ for various IOs and MNCs
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Thailand’s central position in ASEAN
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Dawai: Myanmar’s new deep sea port
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Singapore-Kunming Rail Link
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Toward ASEAN Community in 2015
• Blueprints for– ASEAN Political Community– ASEAN Economic Community– ASEAN Socio-Cultural Community
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ASEAN Political Community
• ASEAN Ministerial Meeting (AMM)• ASEAN Defence Ministers Meeting (ADMM)• ASEAN Regional Forum (ARF)• Defence• Law• Transnational Crime
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ASEAN Economic Community• ASEAN Economic Ministers (AEM)• ASEAN Free Trade Area (AFTA)• Energy• Food, Agriculture & Forestry• Finance• Investment• Minerals• Mekong Basin Development Cooperation• Transport• Telecommunication & IT• Tourism
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ASEAN Socio-Cultural Community
• Culture & Arts• Disaster
Management• Education• Environment• Haze• Health• Information
• Labour• Rural Development &
Poverty Eradication• Science & Technology• Social Welfare &
Development• Women• Youth
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Australia
• ASEAN’s oldest Dialogue Partner• An active member of ARF• ASEAN-Aus-NZ FTA• Expansion of EAS to include the US and Russia = Asia
Pacific Community (APC) ?– Hoped to become a forum for leaders of all key players in
the region to discuss global / relevant issues– Opportunity for Australia to push for further discussion on
political and security matters, such as Maritime Security, Non-Proliferation, Disaster Management, Trans-National Crime, Terrorism, Climate Change, etc.
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Official Visit to Australia by H.E. Ms. Yingluck Shinawatra, Thai PM
26-29 May 2012• Friendly and wide range of topic discussion• PM accompanied by 4 Ministers (Foreign
Affairs, Commerce, Education, and Industry)• PM accompanied by 70 business delegation• 2 MOUs signed:
– Education– Young Political Exchange
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Official Visit to Australia by H.E. Ms. Yingluck Shinawatra, Thai PM
26-29 May 2012• Strategic economic / business partnership
– Agriculture / Food industries (Food Security)– Energy (Energy Security)– Automotive and parts– Tourism / hospitality & related services– Logistics
• Strengthen people-to-people interaction and understanding– Education: esp. promote Australians to study in Thailand– Strengthen Thai communities in Australia
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Conclusion
• Australia’s “Asia Literacy” will need to expand beyond China, Japan, and Indonesia, but to include ASEAN as a whole.
• Australia’s preparation / repositioning to take advantage of the ASEAN Community ???
• Thailand as Australia’s key ally and strategic partner !!!
• A need for Thai Studies in Australia.
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Q & A
• For further information, including the results of the recent official visit:http://canberra.thaiembassy.org/
• Thank you very much !!!