Thailand revising exports strategy for 2nd half of 2015

0
1225

BANGKOK, 12 July 2015 – The government is urgently adjusting its exports strategy in the hope to stimulate the economy in the second half of the year after the country was affected by the global economic slowdown.

The government has set a target to make exports grow by 1.2% or 230 billion U.S. dollars. It will lead Thai businessmen to China and the U.S. to open the markets of four major industries, including heavy industry, agriculture and food, petroleum and jewelry.

The government will also amend the regulations which obstruct international trade. In the long run, it will reform the export structure with a focus on innovative products to add value to the products services.