Biden pegged as good for exports
Commerce Ministry ready for possibilities
Commerce Minister Jurin Laksanawisit expects Joe Biden’s victory in the US presidential election to benefit rather than harm Thailand’s exports, while ongoing trade spats between China and the US are likely to ease, boosting global trade sentiment.
“The ministry expects the US under new leadership will have more relaxed measures, be it the Generalized System of Preferences [GSP] or dumping and safeguard measures,” said Mr Jurin.
“The Commerce Ministry’s strategy is to continue working closely with the Joint Public and Private Sector Consultative Committee on Commerce and rev up trade talks with Asean members,…