Thailand's Government continues to express its confidence that this
year’s export growth target will be achieved in spite of the debt crisis
in Europe .
Thai Prime Minister Yingluck
Shinawatra said in June 30 that the Government has always considered the
export industry a major engine in driving the country’s growth and that
it is imperative to push the industry to achieve a growth rate of 15
percent in 2012.
The PM conceded that the impact of
the flood crisis in late 2011 and the Eurozone debt crisis have worried
the government about how to hit the planned export growth target.
Therefore, a taskforce has been set up to monitor the situation and
the meeting of the taskforce in June 30 has discussed ways to prepare
the export industry for both direct and indirect impacts of the European
For long-term solutions, the taskforce has suggested
all involved to find new markets with potential, to improve the quality
of Thai products while boosting the country’s productivity, and to
further improve labour skills as well as to provide more sources of fund
for businesses that may be in need.
The PM also stressed that,
with the determination of the Government and close collaboration between
state and private sectors, the export growth target of 15 percent will
be finally achieved.
She also suggested the Thai business sector
to prepare itself to take advantage from the realization of the ASEAN
Economic Community in 2015, when access to neighboring markets will be