The Thai Rak Thai Party (TRT) was a major political party in Thailand, founded in 1998 by Thaksin Shinawatra. The party aimed to promote economic growth and social welfare, gaining popularity for its policies that focused on rural development and healthcare. TRT won a landslide victory in the 2001 general elections, leading to significant reforms in the Thai economy. However, the party faced controversy and was dissolved by the Constitutional Court in 2007 due to allegations of electoral fraud. Many of its members later formed the Pheu Thai Party, continuing the political legacy of Thaksin Shinawatra in Thailand.