Thailand's Bhumjaithai Party announced Friday it is negotiating with multiple political factions to form a new government following the Constitutional Court's dismissal of Prime Minister Paetongtarn Shinawatra. The party confirmed alignment with key demands from the opposition People's Party, the largest parliamentary bloc, in exchange for support.
In a public statement, Bhumjaithai outlined three immediate priorities if it secures power: constitutional amendments, resolution of a longstanding border dispute with Cambodia, and dissolving parliament within four months to pave the way for fresh elections. Deputy Prime Minister Anutin Charnvirakul, the party's leader, has spearheaded cross-party talks since Friday's court ruling.
The political maneuvering comes amid heightened regional interest in Thailand's stability, with analysts noting potential implications for Southeast Asia's economic corridors. Business leaders are closely monitoring developments, particularly regarding proposed constitutional reforms that could reshape investment frameworks.
While coalition details remain fluid, the negotiations highlight Thailand's evolving political landscape following May's contentious elections. Observers suggest the outcome could influence cross-border trade policies and ASEAN's approach to regional security challenges.
