Abstract
The Business at OECD (BIAC) General Assembly Meeting in Paris in February 2025 addressed critical issues facing the global business community. Thailand’s private sector attended as observers, emphasizing the importance of a predictable, rules-based international order. The meeting highlighted recommendations for enhancing business competitiveness, shaping future industries, and fostering open, fair, and competitive markets. This event provided valuable insights for economic cooperation and sustainable growth, as Thailand prepares for OECD membership by aligning with OECD standards and implementing significant reforms.
Summary
Business at OECD General Assembly Meeting in 2025
On February 17, 2025, the Business at OECD (BIAC) General Assembly Meeting convened in Paris, bringing together national business leaders and employers’ federations from member countries to address critical issues facing the global business community. Representing Thailand’s private sector, the Committee on OECD Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB) attended the event as an observer member of BIAC, marking a significant milestone in promoting economic cooperation.
Challenges and Opportunities in 2025
Amid increasing geopolitical tensions and disruptions to globalization, business leaders are navigating an uncertain landscape. The importance of a predictable, rules-based international order highlighted by the OECD remains clear. The Assembly emphasized the need for collaboration with businesses to enhance economic competitiveness and address key issues, including tax, tariffs, trade, and sustainable transition.
Priorities for Economic Cooperation
Three priority themes emerged from the Assembly, focusing on raising business competitiveness, shaping future industries through innovation, and fostering open, fair, and competitive markets. Recommendations included structural reforms to reduce barriers, creating favorable conditions for technological advancement, and advocating for open markets to promote sustainable growth. Thailand’s journey towards OECD membership and alignment with OECD standards underscore its commitment to enhancing competitiveness and contributing to a stable global economy.