Commerce Minister expects to see positive export growth rate this year

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BANGKOK, 31 August 2013 Commerce Minister Niwatthamrong Boonsongpaisarn expresses confidence that Thai exports will not see minus growth this year as forecast by many units. The minister says he is optimistic about the government’s measures, including urgent talks with foreign countries on Free Trade Area (FTA). 

The minister said that Thai exports recently have not expanded well due to the global economic slowdown and many countries have also had minus export growth, adding that plans have been set up to assist the export sector and the ministry was not passive about the country’s export problems, Mr Niwatthamrong confirmed.

The government’s assistance for exporters include leading them to join in trade exhibitions abroad, relaxing some regulations, FTA talks and meeting with Thai commercial officials abroad on the Thai export situation in the last five months of the year.

Thailand is now negotiating with the EU and many other countries on free trade agreements.