DITP to open new markets in 2015

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BANGKOK, 7 October 2014  The Department of International Trade Promotion is planning to open up more new markets for Thai products in 2015.

DITP Director General Nuntawan Sakuntanaga said that representatives from 62 Thailand’s Regional Trade Promotion Centers worldwide are scheduled to join a meeting in Bangkok during October 18 and 20 to assess the country’s trade situation, plan strategies and set the export goal for 2015.

Mrs. Nuntawan conceded that Thailand’s exports, with the year-to-date value of 230 billion baht, will not likely grow more than 1.0% on-year in 2014.

She stressed that the opening of the ASEAN Economic Community in 2015 will be an important element to boost Thai exports.

The DITP chief went on to say that Thai business operators and exporters are to focus on the quality of their products, which will help build trust in Thailand among ASEAN clients.

In doing so, the DITP has recently introduced the “Thailand Trust Mark” or TTM certification to ensure that products carrying this endorsement are really of good quality and meet international standards.

And while the global economic recovery, particularly in Thailand’s major trading partners such as the U.S., Japan and EU, may remain slow during the next several months, Mrs. Nuntawan said that the DITP will push to open new markets for Thai products in 2015.