BANGKOK, 17 March 2015 International Trade Promotion offices abroad have been tasked with implementing the Ministry of Commerce’s export-driving strategy that calls for pro-active approaches in four aspects.
General Chatchai Sarikulya, the minister of commerce, handed down his policy to the commercial attaches stationed at the more than 60 International Trade Promotion offices abroad on Monday. The minister stressed adherence to the strategy that involves pro-active management of rice and farm products, cost of living, the driving of exports and the integration into the ASEAN Economic Community.
Gen. Chatchai emphasized that in order for exports to be stimulated, new markets must be penetrated and trade opportunities must be expanded constructively.
He noted that the International Monetary Fund has reduced its projection for global economic growth in year 2015 to 3.5%, and the economies of Thailand’s main trading partners were growing at reduced rates. These factors have been weighting on Thai exports, according to the minister.
In addition to working harder to promote Thai businesses’ endeavors abroad, Gen. Chatchai also called for commercial attaches to be more business-minded and to forge closer ties with businessmen in their respective countries.