BANGKOK, 7 April 2015 – Minister of Commerce General Chatchai Sarikalya will soon call a meeting with the export sector to adjust the country’s export strategy following a decline of nearly 5% in export earnings during the past two months.
Commerce Ministry Spokesperson Duangkamol Jiambutr said Thai exports dropped 4.82% during February-March 2015, compared to the same period last year with a total of 34.48 billion US dollars in earnings.
Ms. Duangkamol said the meeting will include representatives from the Federation of Thai Industries, the Thailand Chamber of Commerce, the Thai National Shippers’ Council and leading exporters. According to the spokesperson, initially the private sector wants the government to look after the baht currency fluctuation which is swinging too wildly affecting their long term performances. They also asked that the government seek ways to eliminate trade barriers in importing countries and penetrate new markets.
Ms. Duangkamol said the government was also urged by SMEs to negotiate with large-scale entrepreneurs to help the former in terms of marketing in foreign countries.
