Thailand, as a BRICS partner country, is committed to improving energy security and guaranteeing a stable supply chain, according to Meechai Thaocharean, a BRICS International Alliance of Strategic Projects representative in Thailand. He emphasised that BRICS collaboration provides Thailand with the potential to increase trade, enhance economic relations, and stimulate innovation. “Thailand’s participation in BRICS is a gateway to broader economic collaboration and investment,” he told reporters.
He emphasised Thailand’s willingness to share knowledge, particularly in the areas of sustainable development, digital transformation, and financial inclusion. “BRICS thrives on diversity and resilience, resulting in balanced economic ecosystems. Thailand loves open and productive commerce, and BRICS offers a road to long-term cooperation,” he noted.
Thailand has traditionally been a global trading hub, regularly striking ties with major economic blocs. The country thinks that diversification promotes technological developments and industry cooperation rather than replacing existing links.
Thai Foreign Minister Maris Sangiampongsa presented Russian Foreign Minister Sergey Lavrov with a letter of intent in June 2024, stating Thailand’s desire to join the BRICS in full. Following that, Thailand formally accepted Russia’s request to become a BRICS partner, taking a critical step towards full membership.