PM Yingluck assures Thai businesses in Germany local GDP will hit 4.5-5.0% in 2012

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BERLIN, 20 July 2012  – The Prime Minister has assured Thai businesses in Germany that the local economy will expand satisfactorily this year.

During the official visit to Germany, Prime Minister Yingluck Shinawatra chaired the opening of a training and seminar on professional business management, organized by the Department of International Trade Promotion in Berlin.

The session was attended by more than 100 Thai business operators in food, spa and other sectors as well as those who plan to invest in Germany.

The PM told the gathering that all entrepreneurs have proven to be the pride of Thailand and that the seminar would help them shine a better light on the country’s local wisdoms in overseas markets.

The Prime Minister also told the seminar that Thai economy has continued to recover steadily and will likely end up with a growth rate of 4.5 to 5.0 percent.

In addition, she stated that the government is determined to improve the standards of Thai agricultural products for exports, their safety and the confidence in these items.

The Premier also revealed that the Commerce Ministry has been urged to further promote the Thai Select project, which has been initiated to make Thai products more known to the world, and to elevate the quality and the quantity of the country’s OTOP products intended for exports.

Later, the Prime Minister traveled to the Royal Thai Embassy in Berlin to meet with members of the Thai community in the German capital.