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Thailand's draft national trade strategy for 2022-2027 released

Date:2021-09-29  Hits:82

On September 15, 2021, a few days ago, the Thai Trade Strategy for 2022-2027 drafted by the Ministry of Commerce of Thailand has been open to public opinions. It is reported that the draft has five major strategic contents, involving the use of innovative technology to drive trade, promote and stimulate domestic consumption, and increase human capital development.

Regarding the progress of the trade strategy plan, Pu Shi, director of the Trade Strategy and Policy Office of the Ministry, said that his office has cooperated with the Office of the Research and Consulting Center of Thammasat University in Thailand to study the domestic and foreign trade environment and situations, and analyze the impact on the country’s development. The direction factor. In order to formulate guidelines for the promotion of the national trade strategy from 2022 to 2027, relevant work has been initiated since the beginning of this year, and the opinions of stakeholders and the public have been listened to to improve the draft, which will then be submitted to Thailand’s Deputy Prime Minister and Minister of Commerce Zhu Lin for approval , And will be submitted to the Thai Cabinet for deliberation.

The draft of Thailand's national trade strategy for 2022-2027 establishes the next stage of Thailand's trade vision, that is, under the implementation of the five strategies, it is committed to achieving strong, comprehensive and sustainable growth in Thailand's trade and welcoming global trade opportunities. The five strategies include: 1. Promote trade through innovation and technology, encourage entrepreneurs to use innovative technology to produce products that respond to the global market. Attract technology investment in potential industries, promote the development of Thailand's digital economy and upgrade digital technology infrastructure. 2. Strengthen the development of trade infrastructure and systems to make trade more convenient, reduce costs and increase market expansion opportunities. Improve the rules and reduce the burden on entrepreneurs to adapt to the ever-changing trade situation. At the same time, establish a cooperation network to integrate and promote trade development. 3. Promote Thai trade to the global market, open up the ASEAN market and broaden trade channels by creating marketing opportunities and trading partner networks. Build confidence in Thai products and services, and promote the export of modern service industries and technological products. 4. Promote and stimulate domestic consumption, strengthen the construction of the basic economy by expanding the domestic market and trade channels, and encourage the use of Thai domestic products and services. 5. Develop and enhance the potential of human capital, support potential industries by cultivating labor, and explore the ability of entrepreneurs to respond to market changes.

 Push pointed out that the strategic policy formulated this time covers multiple aspects of Thailand's domestic and foreign trade, reflecting the challenges faced by Thailand's trade. It is in line with the country's national strategy, focusing on improving competitiveness and adaptability, and continuing to leverage the advantages of Thailand's outstanding products and services, including the use of innovative technology to create new products and services to meet consumer needs. In addition, the strategy also focuses on promoting the comprehensive, in-depth and sustainable development of the country's trade economy, supporting the self-reliance of communities and local enterprises, effectively connecting the market, and establishing cooperation with all parties. http://www.udnbkk.com/article-323738-1.htm

 
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