Finance Minister Arkhom Termpittayapaisith has urged the Customs Department to expedite the customs clearance procedures for exports and imports, particularly those pertaining to the automotive industry.
Mr Arkhom said he instructed the department to improve customs facilitation in order to simplify and expedite import and export processes following a meeting he held with a group of Japanese investors in the middle of June.
The Japanese are one of the largest investor groups in Thailand, particularly in the automotive sector, using Thailand as a production base and raw material supply chain.
A shortage of some electronic components, notably chips, affected the supply chain in the automotive industry worldwide. As a result, buyers often have to deal with a long waiting…
