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Friday, May 3, 2024

Bangkok Post – Agencies address impact of low-end imports on SMEs

The Commerce Ministry has delegated the Trade Negotiations Department and the government’s “Team Thailand”, whose primary responsibility is to support efforts to promote economic growth, to gather in-depth data and examine specific products under the Asean-China Free Trade Agreement (ACFTA) affected by the influx of low-priced Chinese goods.

Commerce Minister Phumtham Wechayachai said the ministry is ready to consider the suggestions of entrepreneurs after the Federation of Thai SMEs proposed directives to address the impact of Chinese products flooding the market, which has adversely affected local businesses.

Small and medium-sized enterprises (SMEs) requested the government scrutinise the roster of imported…

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