On 16 April 2024, H.E. Mr. Parnpree Bahiddha-Nukara, Deputy Prime Minister and Minister of Foreign Affairs of Thailand, gave a policy speech to the Organization for Economic
Co-operation and Development (OECD) Council at the invitation of H.E. Mr. Mathias Cormann, Secretary-General of the OECD in conjunction with Thailand’s OECD membership request. 

The Deputy Prime Minister and Minister of Foreign Affairs of Thailand underscored Thailand’s readiness and strong determination to become an OECD member at the earliest opportunity. He also emphasized that Thailand shared common values and goals with OECD members, in particular, democracy; rule of law; human rights; open and free market economy; sustainability; inclusivity and green transition. He elaborated Thailand’s 42 years-journey of engagement with the OECD and its long-term aspiration to becoming an advance economy by 2037. Member countries took turn to voice support for Thailand’s request and prompt accession process. 

OECD, comprising 38 members, is an international organization that plays a key role
in the international governance regarding economy, trade, investment, anti-corruption, governance, education, innovation, environment, and climate change. Inspired by the vision ‘Better policies for Better Lives’, OECD assists member countries in designing efficient public policy. Going forward, Thailand will work closely with the OECD in order to  
to upgrade policies and standards in doing-business, sustainability and good governance aiming at increasing the competitiveness, promoting trade and investment, improving the standard of living and to eventually overcoming the so-called middle-income trap.