Bangkok: The Cabinet acknowledged the signing of a rare earth minerals Memorandum of Understanding (MOU) between Thailand and the United States, emphasizing that the agreement is not legally binding. This development follows its approval at a special cabinet meeting earlier, highlighting the potential for Thailand to enhance its mineral industry and integrate into the global supply chain.

According to Thai News Agency, Deputy Prime Minister and Finance Minister Ekniti Nitithanpraphas, Industry Minister Thanakorn Wangboonkongchana, and Secretary General of the Council of State Pakorn Nilpraphun jointly announced the signing of the MOU. Mr. Ekniti clarified that the MOU is a mutual understanding and not a legal contract. The primary aim is to develop the rare mineral supply chain and promote trade and investment across various sectors, including exploration, extraction, processing, refining, recycling, and recovery of rare minerals. The MOU also seeks to foster investments that support value creation and industrialization.

In a separate matter, Deputy Prime Minister and Minister of Agriculture and Cooperatives Lt. Col. Thammanat Prompao, who also chairs the Sports Authority of Thailand, discussed issues with Mr. Kongsak Yodmanee, Governor of the Sports Authority of Thailand, and Ms. Pornpawee Chochuwong, Thailand’s top badminton player. Ms. Pornpawee withdrew from the 33rd SEA Games in Thailand due to management issues and a reduction in her allowance.

Captain Thammanat has ordered the Governor to set up a committee to investigate problematic sports associations, including the Badminton Association. Ms. Pornpawee and her coach are expected to compete in the SEA Games later this year, with her teammates expressing their support. She urged Captain Thammanat to help resolve the issues to ensure the sports industry develops a new generation of athletes to succeed their seniors.