The new director-general of the Thai Ministry of Commerce’s Department of Foreign Trade, Ronnarong Phoolpipat, said on October 3 that he will give priority to promoting cross-border trade and government-to-government (G2G) rice deals with China to serve economic recovery post COVID-19.
The value of Thailand’s border trade rose slightly in the first half of 2019 and is expected to expand in the second half, the Department of Foreign Trade under the Thai Ministry of Commerce said on July 30.
The Thai Ministry of Commerce is promoting the export of the country's products to secondary cities in foreign countries, such as Wakayama in Japan from which key companies are invited to attend the THAIFEX - World of Food Asia event for business negotiations.
The Minister of Commerce has invited delegates from a major shopping mall in Okinawa, Japan, for business negotiations in Thailand to promote the sale of Thailand’s innovative farm products in Japan.
Thai Prime Minister Prayut Chan-o-cha and his Cambodian counterpart Samdech Techo Hun Sen co-presided over the inauguration of a friendship bridge and the reopening of railway lines connecting Aranyaprathet district in Thailand's eastern Sa Kaeo province and Poipet city in Cambodia's Banteay Meanchey province.
Thailand fetched 1.4 trillion THB (44.5 billion USD) from cross-border trade in 2018, up 6 percent over the previous year, but falling short of the set target of 1.5 trillion THB.
Thailand has become the world’s number one exporter of sweet corns and related products for 10 consecutive years, said the Department of Foreign Trade.
Thailand's Department of Foreign Trade (DFT) has revealed that border trade during the first five months of the year grew by 6.4 percent and expressed confidence that total trade growth this year will reach its target of 15 percent at 1.5 trillion baht.
Thailand's Department of Foreign Trade (DFT) is preparing to hold a seminar on border trade opportunities with Cambodia for small- and medium-sized enterprises (SMEs) on December 7.
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