Thailand’s MOU on Critical Minerals with US Does Not Limit Cooperation with China

Bangkok: The Minister of Commerce confirmed that the MOU on important minerals between Thailand and the United States does not bind Thailand to choose sides and is open to cooperation with China. Ms. Suphajee Suthumpun, Minister of Commerce, clarified the MOU on cooperation on critical minerals between Thailand and the United States during the 47th ASEAN Summit, stating that the agreement is merely a framework for knowledge exchange and supply chain studies. It is not legally binding, does not impose investment obligations, and can be terminated by either party without the consent of the other. She also emphasized that operations must comply with Thai environmental and mining laws.

According to Thai News Agency, Ms. Suphajee stated that this MOU is not related to geopolitics and that Thailand can also open up cooperation with China. China has also expressed its willingness to cooperate on critical minerals, as Thailand is a user of minerals in industries such as semiconductors. This is a normal trade transaction, not a monopoly or restriction on cooperation with any one country.

While Thailand has very few imports and exports of key minerals, the MOU with the US is merely a search for technology and knowledge to develop future supply chains. Meanwhile, the government is prioritizing measures to prevent transboundary pollution from mining in neighboring countries, in line with environmental laws and the Clean Air Act currently being enacted.