The Thai National Shippers’ Council (TNSC) on March 1 said the country’s exports could be severely affected if the conflict in Ukraine prolongs or escalates, expressing its hope for a quick end to the war.
Thailand’s exporters are being urged to make the best use of existing free trade agreements (FTAs) to boost shipments of medical supplies, particularly for syringes and medical needles, as the COVID-19 pandemic has driven import demand for such products.
Thailand’s export sector during the first two months of 2018 has reportedly grown by 13.8 percent from the same period last year, the highest rate in seven years.
Thai exporters have asked the Government and the Bank of Thailand (BoT) to find ways to curb the baht’s rapid gains to maintain the country’s competitiveness in export.
ASEAN
