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Monday, May 13, 2024

Thailand’s commerce minister to stimulate exports, tackle Q4 slump

Photo by CHUTTERSNAP on Unsplash

Thai Commerce Minister Phumtham Wechayachai is set to engage in dialogue with the private sector this week with the aim of stimulating exports and reviving the nation’s Q4 performance.

The meeting is scheduled for September 27, as stated by Phusit Ratanakul Sereroengrit, the head of the International Trade Promotion Department, with the intent to evaluate the export scenario and devise strategies to stimulate Thai trade in the final quarter.

The objective is to implement strategies that will return Thailand’s exports to positive growth, he explained. Participants from the private sector will include representatives from the Thai Chamber of Commerce, the Federation of Thai Industries, the Thai National Shippers’ Council, and commercial counsellors from globally dispersed locations.

As per the latest data from the Commerce Ministry, Thai…

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