ID :
181783
Thu, 05/12/2011 - 14:04
Auther :
Shortlink :
http://m.oananews.org//node/181783
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Thailand realigning international trade strategies

BANGKOK, May 12 (TNA) - The Thai Ministry of Commerce is realigning the country's international trade strategies to maintain national competitiveness and help cope with the ever-changing and ever more complicated and vulnerable world economy.
Srirat Ratthapana, Director General of the ministry's Department of Trade Negotiations, said on Thursday that her department has assigned the Bangkok-based Sasin Graduate Institute of Business Administration under Chulalongkorn University to conduct a study on the country's new strategies and brainstorm strategies based on ideas from the public. He said that the project is likely to complete within over the next couple of months.
Srirat noted that the country's newly-tailored international trade strategies, marking her department's 70th anniversary, are expected to help Thailand cope with multilateral trade negotiations under all frameworks--which to provide more opportunities and benefits for the local business sector.
According to the senior Thai official, her department has also set up a new office tasked with coordinating all parties concerned with the formation of the ASEAN Economic Community (AEC) by 2015. Meanwhile the Board of Investment of Thailand (BOI) is ratifying agreements on Thailand's investment plans in the 10-nation bloc and is supporting and promoting Thai entrepreneurs, especially those who run small and medium-sized entreprises (SMEs), to help them gain greater access to regional free trade activities, through the provision of appropriate and up to date information.
The senior Thai Commerce Ministry official also revealed that her department is scheduled to take part in 118 multilateral trade talks later this year, including those under the frameworks of the Association of Southeast Asian Nations (ASEAN) and the World Trade Organisation (WTO), and is accelerating free trade talks, as an ASEAN member, with ASEAN dialogue partners, namely Japan and India, and with the European Union or EU and Chile. (TNA)
Srirat Ratthapana, Director General of the ministry's Department of Trade Negotiations, said on Thursday that her department has assigned the Bangkok-based Sasin Graduate Institute of Business Administration under Chulalongkorn University to conduct a study on the country's new strategies and brainstorm strategies based on ideas from the public. He said that the project is likely to complete within over the next couple of months.
Srirat noted that the country's newly-tailored international trade strategies, marking her department's 70th anniversary, are expected to help Thailand cope with multilateral trade negotiations under all frameworks--which to provide more opportunities and benefits for the local business sector.
According to the senior Thai official, her department has also set up a new office tasked with coordinating all parties concerned with the formation of the ASEAN Economic Community (AEC) by 2015. Meanwhile the Board of Investment of Thailand (BOI) is ratifying agreements on Thailand's investment plans in the 10-nation bloc and is supporting and promoting Thai entrepreneurs, especially those who run small and medium-sized entreprises (SMEs), to help them gain greater access to regional free trade activities, through the provision of appropriate and up to date information.
The senior Thai Commerce Ministry official also revealed that her department is scheduled to take part in 118 multilateral trade talks later this year, including those under the frameworks of the Association of Southeast Asian Nations (ASEAN) and the World Trade Organisation (WTO), and is accelerating free trade talks, as an ASEAN member, with ASEAN dialogue partners, namely Japan and India, and with the European Union or EU and Chile. (TNA)