On 20 October 2023, H.E. Mr. Srettha Thavisin, Prime Minister, was granted an audience with His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, during the ASEAN - Gulf Cooperation Council (GCC) Summit in Riyadh, Kingdom of Saudi Arabia.

Prime Minister took this opportunity to express his profound gratitude for the vision of the Custodian of the Two Holy Mosques, His Majesty King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, who laid the foundations that led to the normalisation of diplomatic relations between the two kingdoms. Both sides agreed that there are plenty of opportunities for Thailand and Saudi Arabia to work together to further enhance bilateral relations in all dimensions.

The two sides also discussed and determined ways and means to increase bilateral trade volume through the signing of memorandums of understanding and agreements that will help facilitate trade and investment, especially the free trade agreement within the framework of the Gulf Cooperation Council.

Moreover, Thailand and Saudi Arabia have agreed to jointly promote investment between the two Kingdoms. Saudi Arabia expressed its readiness to expand investment in various areas in Thailand through its Public Investment Fund (PIF).

The two sides also agreed to holding the first Saudi-Thai Coordination Council (STCC) in Thailand next year. The Council will be co-chaired by their Ministers of Foreign Affairs which will be an important forum to bring the decisions taken by both leaders into concrete results which will be beneficial to the people of the two Kingdoms in the future.

Prime Minister expressed his gratitude towards the Saudi government for the well being of over 6,000 Thai nationals residing in Saudi Arabia. The two sides also discussed the situation in Israel, which has resulted in the loss of lives, injuries and abduction of innocent Thai nationals. The Saudi side confirmed their readiness to assist the Thai nationals.