President of the Philippines praises Thailand’s outstanding economic growth

The Prime Minister and his wife, along with the Thai delegation, arrived at Noi Bai International Airport in Hanoi at 10.00 A.M. local time, with Vietnam’s Minister of Agriculture and Rural Development Cao Duc Phat welcoming them to Hanoi.

On October 28, 2010, Prime Minister Abhisit Vejjajiva and his wife, along with the delegation of high-ranking officials, including Vice Minister of the Prime Minister’s Office Issara Sunthornvut, Secretary General of the National Economic and Social Development Board Arkom Thempittayapaisit, and Deputy Secretary General to the Prime Minister for Political Affairs and Acting Government Spokesman Dr Panitan Wattanayagorn, arrived in Hanoi, the Socialist Republic of Vietnam, at 10.00 A.M. local time. They were welcomed by Minister of Agriculture and Rural Development of Vietnam Cao Duc Phat.

The Prime Minister, after the arrival, held a bilateral talk with the President of the Phillipines Benigno Simeon “Noynoy” Aquino, at the National Convention Centre. The following is the synopsis of the talk.
The Philippine President thanked Thailand for having always been so considerate and helpful to the Philippines when natural disasters strike. The current flood situation in Thailand is similar to the Typhoon situation in the Philippines, said the President of the Philippines. The Prime Minister and the Philippine President extensively discussed the economic issues on both regional and multilateral levels. The President of the Philippines congratulated Thailand for its continuous and strong economic growth, highlighting the Thai automobile industry, which Thailand is currently the 13th largest automobile industry in the world. The Prime Minister remarked that the appreciation of Thai baht has not significantly affected investment and the Thai economy as a whole. The President of the Philippines also stated that he would like to see stock markets in ASEAN getting linked up and the role of World Bank. In response, the Prime Minister expressed hope that G20 would play a role in facilitate the growth of the economies in ASEAN.


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