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Kosit: No long-term impacts from Sunday clash

Deputy Prime Minister and Industry Minister Kosit Panpiemras is confident that the violence late Sunday, while causing worries to the public, would not pose long-term impacts on the economy and investment.



Kosit: No long-term impacts from Sunday clash

"I don't see any long-term impacts on investment. While this raises concerns from the public, i don't see impacts on the economy," he said.

 He noted that the public need to come to their senses, to understand that the violence contains a political implication. He is confident that foreign investors would understand the situation as Thailand is calling for the general election within this year.

 "I believe that the international community understands this. On August 19, there would be the reference on the Constitution. Indeed, the protesters were tackled in a soft way, as it turned out more police officers were hurt from the incident than the protesters," he noted.

 Thai bourses today head up despite the clash.

 - The Nation


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