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Saturday, April 27, 2024

Ministry targets B50bn from sales of GI products

The Commerce Ministry has set its sights on increasing sales from geographical indication (GI) products to 50 billion baht this year, up from 48 billion baht in 2022.

According to Commerce Minister Jurin Laksanawisit, the ministry is upbeat about the sales prospects of the country’s GI products, given the unique and distinctive quality of the products.

GI is a distinctive certificate used to identify a product as originating in the territory of a particular country, region or locality that has unique characteristics or qualities, which can increase the market value in developed countries.

There are currently 185 Thai GI-registered products in various categories, such as food, agricultural products, and appliances.

The Commerce Ministry recently registered “Tu-Rian Talay Hoi” or…

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