Thai Caretaker Foreign Minister Kantathi Suphamongkhon on Tuesday called on the private and public sector to turn the current oil price crisis into an opportunity by persuading investors of Middle East countries to invest in Thailand, The Thai News Agency reported.

Speaking before attending a cabinet meeting, he conceded the United Nations'plan to inspect nuclear weapons in Iran would worsen the oil price crisis, which could affect all countries including Thailand.

He said all parties concerned had attempted to the utmost to prevent the nuclear conflicts from escalating. Should the problem drag on, Thailand would be definitely affected.

Because of this, he wanted the private and public sector to take this opportunity to persuade Middle-East investors to invest in Thailand because they are already interested in shifting their investment from the West to Asia.

He said the Foreign Ministry was ready to give full assistance in all matters to the private and public sector's organizations, which want to invite the investors from the Middle East to investing in Thailand.

Source: Xinhua