Thailand develops national digital trade platform hinh anh 1Deputy Government Spokesperson of Thailand Rachada Dhnadirek (Photo: The Nation)

Bangkok (VNA) – Thailand’s Cabinet has approved the setting up of a National Digital Trade Platform and assigned the Office of the Public Sector Development Commission (OPDC) to work with related agencies and the Joint Standing Committee of Commerce, Industry and Banking (JSCCIB) to achieve this.

Local media quoted Rachada Dhnadirek, Deputy Government Spokesperson of Thailand, as saying that Thai Prime Minister Prayut Chan-ocha has also called on all sectors to make the development of the digital platform part of the national agenda and link it with the ASEAN Single Window to create an online trading system with other Southeast Asian nations.

Because of the different levels of digital development in the public and private sectors, and an inefficient connection system, the new National Digital Trade Platform (NDTP) will bring the central system linking the international digital trade data up to the same standards as every other country.

The NDTP will also become a central platform connecting with the National Single Window System (NSW), which will provide online import-export data related to customs, export agents, freight forwarders, shipping and airline companies, and will also be linked with 36 government agencies that issue licences and certifications.

The platform is expected to improve the trading system and hasten the service process for private companies, thereby reducing the time and cost spent on completing transactions.

It will also enhance transparency and give small- and medium-sized enterprises better opportunities to trade internationally and have easier access to funds.

In the first phase, the new system will focus on four types of documents, namely purchase order, invoicing, shipping instructions and sea waybills, to shorten the process of exporting goods.-VNA