Department of Export Promotion to boost on-line transactions

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BANGKOK, June 2 – Thailand’s Department of Export Promotion (DEP) is aimed at increasing the number of exporters trading using business-to-business (B2B) electronic technology via www.thaitrade.com to 3,000-5,000 this year, according to agency Deputy Director-General Vuthichai Duangratana.

The department hoped to raise export transactions via the Internet to 50 per cent of the country’s total export value in the next five years.

He said an intense on-line export promotion campaign will begin July 5 with one thousand exporters of more than 10,000 products participating in the initial stage.

“Now, the activity has drawn much attention from the private sector,” Mr Vuthichai said. “Many exporters say it should have been launched a long time ago.”

Mr Vuthichai said the on-line trade system via Internet would enable exporters to introduce their products without a time limit. So, buyers are able to choose products around the clock.

In addition, it would increase the number of people having access to products of exporters to one trillion worldwide.

DEP has targeted replacing the offline trade system with mainly on-line trading in the next 3-5 years, he added. (MCOT online news)