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Free AccessCoalition Talks Continue, Stumbling Blocks Emerging
Negotiations continue to form the next Thai government following elections on May 14. Move Forward’s deputy leader Sirikanya said that the party has the support of 19 senators for its PM candidate Pita. The proposed coalition currently has 312 seats in the House of Reps (down from 313) and so it will need the votes of 64 senators. Pita has set aside the party’s proposed changes to the monarchy insult law in order to gain support. Sirikanya is confident that the party can form a government in around 2 weeks.
- There is currently a disagreement between Move Forward, the election winner, and Pheu Thai, who came a close second, over which party should take the role of House Speaker. Move Forward needs to hold this position to be able to push its agenda. Its secretary-general Piyabutr said that it is a job that the party “can’t afford to lose”. Pheu Thai believes it has more experienced candidates.
- A former list-MP candidate for the military-aligned PPRP has requested that the Election Commission investigate the 8 parties who signed a memorandum of understanding on their aim to form a coalition government on Monday, according to the Bangkok Post. He believes that they could be breaking the law, as they may be seen to be influenced by an outsider. He believes the agreement could be against Move Forward’s own party regulations.
- Caretaker PM Prayut has assured Thais that there will be a smooth transition to the new government. According to the Bangkok Post he said that he “respects the democratic process”.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.