Since the early 1970s, Thailand has seen many military-coups and political unrest. The introduction of the first female Prime Minister, Yingluck Shinawatra, into the shifting social environment has raised a few eye brows, particularly with her landslide electoral victory over the Democrat Party’s control of the government in 2011. Abhisit Vejjajiva’s unpopularity was caused by the growing resentment with the eruption of the military crackdown of the Red Shirts in Bangkok in 2010, and the decline in trust upon his economical strategic plans for the country.
Yingluck and her government, spearheaded by the Pheu Thai Party and their collation, has seen her fair share of upheavals from the onset in 2011 that saw many provinces affected a prolonged flood and a unconvinced business sector. Her coming to power was met with both joy and uncertainty by supporters and opposition alike.
As of 2012, the track record of Yingluck as the Prime Minister has boosted not only the confidence of the mainstream but also by foreign world leaders and global corporate captains.
South Korea’s President Lee Myung-bak timely visit to Bangkok and meeting with Yingluck in November has boosted the economic viability of a US30-billion bilateral opportunity between the two nations which includes exports of rice, agriculture, tourism and the multi-billion-dollar Dawei deep sea port project in Myanmar. Dawei is set to transform Thailand and neighboring countries into a nucleus of trade and logistics, and the accessibility to the Indian Ocean and the west. The last visit by a premier of South Korea was over 30 years ago.
Thailand has taken the lead in South East Asia, along with the courtesy visit to Britain to meet with the Queen Elizabeth and Prime Minister David Cameron.
Yingluck’s meeting with the President of the United States of America, Barack Obama and China’s Premier Wen Jiabao in November did wonders to solidify the economic strength of the country.
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