Thailand’s trade with nearby countries increases in January
Thailand’s total trade with neighbouring countries, including cross-border trade, came in at 141.07 billion THB (4.22 billion USD) in January, up 9.49 percent year on year.
A street in Bangkok capital of Thailand (Photo: AP)
Bangkok (VNA) – Thailand’stotaltrade with neighbouring countries, including cross-border trade, came in at141.07 billion THB (4.22 billion USD) in January, up 9.49 percent year on year.
The Commerce Ministry reported on March 15 that the country’s January tradewith Malaysia stood at 30.54 billion THB (up 14.26 percent), Cambodia17.76 billion THB (up 17.94 percent), Laos 23.45 billion THB (up 39.86percent), Myanmar 18.60 billion THB (up 36.26 percent), Singapore: 10.27billion THB (up 26.05 percent), Vietnam 8.06 billion THB (up 36.19 percent),and China 16.98 billion THB (down 24.34 percent).
Thai DeputyPrime Minister and Commerce Minister Jurin Laksanawisit said he has asked the agricultureand foreign ministries to follow up on fruit exports to China, which is a largemarket for Thai fruits, but its zero-COVID policy is far too strict, especiallyin terms of land transportation.
He said apart from implementingstrict measures before closing containers, Thailand has also asked for a specialroute to be set up to deliver its fruits to China. The Agriculture andCooperatives Ministry will be responsible for this issue.
The Commerce Ministry willaccelerate the reopening of borders and will negotiate new routesfor trade, the official noted, adding that the China-Laos railway willserve as another route for Thai exports in the future./.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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