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Private sector vows to mediate conflicts

Seven business organisations proposed a comprehensive reform before Thailand would host a new election, to prevent another crisis.



In a statement, the group said if conflicting points remain unresolved, an endless cycle of crisis would emerge.

"It’s highly essential that democratic reforms in political, social and economic areas as well as anti-corruption measures must be done before the election," it said.

While commending the government and the protesters for refraining from violent actions, it said the country needs solutions that would mutually benefit all parties not a particular group. It also noted that the House dissolution could not bring the country back to normal condition, as division has been deeply rooted.

It said that al Thais should have a say in the solutions.

The private sector is ready to gather proposals and opinions and to support any means to restore peace.

A working committee will be set up.

The group represents the Thai Chamber of Commerce, the Federation of Thai Industries, the Thai Bankers Association, the Tourism Council of Thailand, the Federation of Capital Market Organisations, the SET and the Listed Companies Association.


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