Joint public-private working committees to propel trade in 2015

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BANGKOK, 28 October 2014  The government will establish four joint working committees with the private sector to lay down strategies to propel the economy forward. 

Minister of Commerce Chatchai Sarikulya met with representatives from the Thai Chamber of Commerce and the Board of Trade of Thailand on Monday, and said afterwards that the four joint working committees would comprise a committee for international trade strategy, a committee for internal trade strategy, a committee for border trade strategy and a committee for domestic goods distribution. The working committees will lay down 2015’s targets for trade.

Meanwhile, Issara Wongkusonkit, chairman of the Board of Trade of Thailand, said the working committee on international trade will emphasize on finding new markets for Thai exports – such markets include ASEAN countries, China and India. An aim is to allow Thailand to export the right items to the appropriate target countries. Meanwhile, the committee for domestic goods distribution, which consists of representatives from wholesalers and retailers, such as CP All, Central Group, and Tesco Lotus, will sell select quality products at lower-than-market prices. Mr. Issara said this initiative will differ from the Blue Flag program because the goods will be distributed to all localities, whereas the goods in the Blue Flag scheme only reach certain localities