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Thailand works to beef up circular economy

Thailand’s Commerce Ministry has pledged to strengthen circular economy promotion and campaigns to reduce waste and increase value-added production.
Thailand works to beef up circular economy
Thailand works to beef up circular economy ảnh 1A street in Thailand (Source: Reuters)

Bangkok (VNA) – Thailand’s Commerce Ministry haspledged to strengthen circular economy promotion and campaigns to reduce wasteand increase value-added production.

At the ministry’s "Circular Economy for a ChangingWorld" forum held on August 19, its International Trade PromotionDepartment said it will add more products developed under the circular economyconcept to be sold at the Style Bangkok 2019. The biannual lifestyle producttrade fair is scheduled for October at the Bangkok International Trade &Exhibition Centre.

Earlier, the department organised trade fairs related to thecircular economy in leading department stores, such as the Eco Creative Designevent at the Central Department Store, and the Designers' Room & TalentThai fair at the Siam Discovery mall.

A circular economy is an economic system aimed at cuttingwaste through the continual use of resources.

Experts attending the forum said it is the time forcooperation between government agencies and the private sector to promote suchsystem as waste needs to be managed effectively.

Meanwhile, participating firms urged the Thai government tocome up with incentives for companies, traders and merchants who agree toreduce waste, particularly in terms of R&D and technology.-VNA
VNA

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