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Thai PM to attend World Economic Forum in Davos

BANGKOK, Jan. 27 (Xinhua) — Thailand’s Prime Minister Yingluck Shinawatra will attend the 42th annual World Economic Forum (WEF) Friday and Saturday in Davos, Switzerland, Thai News Agency reported on Friday.

Following her official visit to India as chief guest at the 63rd Republic Day celebration on Wednesday and Thursday, Yingluck is scheduled to travel to Switzerland for the WEF.

This year’s theme is “The Great Transformation: Shaping New Models” reflecting world leaders worry about global complexities and linkages following the financial crisis that occurred in many parts of the world.

The main objectives of the Thai premier’s participation in the Davos forum focus on building a good image and showing Thailand’s vision in the international arena as well as rebuilding confidence among leaders and investors on Thailand’s economy after the flood crisis last year that caused huge damage.

Yingluck said that she would also use the forum to publicize the World Economic Forum on East Asia to be held in Bangkok from May 30 to June 1.

The premier said she believed that her participation in the forum would rebuild confidence on the part of foreign investors to maintain their existing businesses in Thailand and moreover it could bring new investment to the country.

Yingluck is scheduled to participate in three main sessions including a round table discussion with international leaders and executives, an informal gathering of World Economic Leaders (IGWEL) on “Defining the Imperatives for 2012” covering sustainable economic growth.

She will be a keynote speaker at the opening conference entitled “Women as the Way Forward,” intended to exchange opinions on the values and roles of female leaders.

Yingluck will also discuss with business leaders and CEOs on” Public-Private Interaction on Thailand”to seek ways to develop Thailand’s economic potential and policy on water management and long term reform measures in Thailand.

The Thai prime minister will also meet with leaders of a number of countries, including the presidents of Poland, Tanzania, Switzerland, and the prime minister of Pakistan. She will also discuss with business leaders from Sumitomo Chemical, Coca-Cola, and Swiss Re.

On the sidelines of the WEF, Thailand opens”Thai Night”Friday evening as an invitation and to publicize that it will host the World Economic Forum on East Asia 2012, in which Yingluck said ” Thai Night” should draw over 400 business leaders as another chance to tell investors of investment opportunities in Thailand.

The WEF is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.

Over 2,500 participants from all over the world, including heads of state or government, business leaders, and members of the media are joining this year’s meeting.

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