EuropeSouth AsiaAsia PacificAmericasMiddle EastAfricaBBC HomepageWorld ServiceEducation
News image
News image
News image
News imageNews image
News image
Front Page
News image
World
News image
UK
News image
UK Politics
News image
Business
News image
Sci/Tech
News image
Health
News image
Education
News image
Sport
News image
Entertainment
News image
Talking Point
News image
In Depth
News image
On Air
News image
Archive
News image
News image
News image
Feedback
Low Graphics
Help
News imageNews imageNews image
Wednesday, May 19, 1999 Published at 15:01 GMT 16:01 UK
News image
News image
Business: The Economy
News image
In profile: Supachai Panitchpakdi
News image
Thailand's deputy prime minister: 'It is the fight of my life"
News image
Dr Supachai Panitchpakdi is proving to be a resilient contender in the acrimonious battle to become the new chief of the World Trade Organisation.

World trade wars
The 52-year-old deputy prime minister and commerce minister of Thailand is a respected economist with much experience in trade negotiations. He played a crucial role in leading Thailand out of its worst economic crisis in 50 years.

He has been a strong supporter of free trade since his student days. He did a PhD in development economics under Nobel Prize-winner Jan Tinbergen at Rotterdam's Erasmus University.

His campaign has won the support of most Asian countries including Japan, a large chunk of the African nations and around half the 15 members of the European Union.

Anger at US stance

However the United States government supports his main opponent, former New Zealand premier Mike Moore, a stance which has enraged Thailand which considers itself a close US ally.

"During the Vietnam War, we were very close friends with the US", says one of Mr Supachai's aides, MP Pirapan Salirathavibhaga.

"Maybe they just forgot their old friend. The Thai people will never do that."

The US is said to object to Dr Supachai on several counts. First, North American trade unionists view Thailand as backward on labour rights.

But Dr Supachai says: "There is some misunderstanding there. I have tried to explain that this government has always fought for labour rights," he said in an interview with the English language newspaper Nation.

"I personally devoted a lot of time to the labour issue even as a university student doing my thesis."

The Americans might also be worried about Dr Supachai's record at the Thai Military Bank, which he ran from 1988 to 1992. And the US may also be concerned that Supachai would be influenced by Tokyo more often than from Washington.

Champion for poorer countries

Developing nations hope that Dr Supachai would be a champion for poorer economies and give them a stronger voice in Geneva.

He says his first priority would be to broaden the WTO and ensure the benefits of free trade are evenly spread, rather than concentrated in advanced economies.

He adds: "There are additional problems - falling trade volumes, unemployment. If trade can help solve these we can help advance the cause of international liberal trade."

However a long hard struggle to secure the top job lies ahead.

Dr Supachai admits: "It is the fight of my life and yes, it has been bruising. I never thought it was going to be this long and this hard."

News image


Advanced options | Search tips


News image
News image
News imageBack to top | BBC News Home | BBC Homepage |
News image

News imageNews imageNews image
The Economy Contents
News image
News imageInternet Links
News image
News imageNews image
WTO biopic of Mr Supachai
News image
News imageNews image
The BBC is not responsible for the content of external internet sites.

News image
News image
News image
News imageIn this section
News image
Inquiry into energy provider loyalty
News image
Brown considers IMF job
News image
Chinese imports boost US trade gap
News image
No longer Liffe as we know it
News image
The growing threat of internet fraud
News image
House passes US budget
News image
Online share dealing triples
News image
Rate fears as sales soar
News image
Brown's bulging war-chest
News image
Oil reaches nine-year high
News image
UK unemployment falls again
News image
Trade talks deadlocked
News image
US inflation still subdued
News image
Insolvent firms to get breathing space
News image
Bank considered bigger rate rise
News image
UK pay rising 'too fast'
News image
Utilities face tough regulation
News image
CBI's new chief named
News image
US stocks hit highs after rate rise
News image
US Fed raises rates
News image
UK inflation creeps up
News image
Row over the national shopping basket
News image
Military airspace to be cut
News image
TUC warns against following US
News image
World growth accelerates
News image
Union merger put in doubt
News image
Japan's tentative economic recovery
News image
EU fraud costs millions
News image
CBI choice 'could wreck industrial relations'
News image
WTO hails China deal
News image
US business eyes Chinese market
News image
Red tape task force
News image
Websites and widgets
News image
Guru predicts web surge
News image
Malaysia's economy: The Sinatra Principle
News image
Shell secures Iranian oil deal
News image
Irish boom draws the Welsh
News image
China deal to boost economy
News image
US dream scenario continues
News image
Japan's billion dollar spending spree
News image

News image
News image
News image