OECD bid hinges on 'rule-of-law' fix (opens original article in a new tab)

Thailand's bid to join the OECD faces challenges due to outdated regulations and rule-of-law deficiencies, with experts stressing the need for structural reforms and societal cooperation to improve investor confidence and competitiveness.

• Thailand's OECD bid is hindered by outdated regulations and rule-of-law issues
• Kittipong Kittayarak highlighted that inconsistent law enforcement deters investment
• Thailand is in the technical review stage of OECD accession process
• OECD emphasizes the need for societal cooperation to strengthen rule of law