Commerce Ministry and Thai Chamber of Commerce work together for 5% export growth this year

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BANGKOK, 23 February 2014 – The Ministry of Commerce and the Thai Chamber of Commerce have joined forces to create 5% growth in the export sector in 2014. A blue print will be developed as a guideline for their cooperation. 

After their recent meeting, Permanent Secretary for Commerce Srirat Rathapana said the chamber of commerce and the ministry had discussed problems and exchanged opinions on the trade and investment situation in Thailand at present.

The chamber of commerce had suggested that the ministry change its role from controlling product prices to promoting domestic competition and border trade as well as urgently implementing FTAs. The chamber of commerce had also called on the ministry to help Thai SMEs penetrate foreign markets, simplify the business registration process and quickly solve the problem of trade barriers.

To achieve 5% export growth, the two parties had agreed to create the blueprint which could also help strengthen the Thai economy in a sustainable way. The ministry would also this year continue its strategies to promote Thai exports and preparing Thailand for the ASEAN Economic Community, Ms Srirat said.