The European Union (EU) and Thailand have launched a 3.75-million (160 million baht) Policy Dialogue Support Facility (PDSF) to support economic and socially sustainable growth here.
Attila Nyitrai, minister-counsellor and deputy head of the EU delegation to Thailand, said the Thai-EU PDSF, a co-funded project to enable policy dialogue between the EU and Thailand, was built on joint experiences between the two, in particular the Thailand-EU Cooperation Facility Phase I and II which will end this month.
''The [PDSF] programme started two months ago and will end on Feb 15, 2017,'' Mr Attila said.
''It is aimed at enhancing policy dialogue between the two partners and developing the capacity of government agencies by providing them with technical assistance in four main areas.''
The four key areas he was referring to are trade and investment; higher education, science and technology; the environment, climate change and energy; and good governance.
Stefan Schleuning, the head of the EU delegation to Thailand, said the objective of the 42-month programme was to advance Thailand's cooperation with the EU towards the achievement of sustainable economic and social development goals, along with global integration.
The funding will be allocated towards meetings, seminars, workshops or studies to exchange know-how, expertise, best practices and challenges as well as to deepen policy dialogue.
Suchada Thaibunthao, acting director-general of the Thailand International Development Cooperation Agency, said the Thai government attached importance to strategies for increasing competitiveness.
She added the PDSF has opened a new era of cooperation between Thailand and the EU by deepening the partnership based on shared benefits.
''It is a chance for Thailand to learn and share with the EU through this academic cooperation over four global issues,'' she added.