Thai E-Newsletter, Volume V, No.12

TRADE CHIEF TACKLES CHANGING WORLD Commerce Minister Apiradi Tantraporn sets strategy for the country’s export recovery despite gloomy global forecasts. Apiradi Tantraporn, the international trade veteran who has spent nearly all her working life at the Commerce Ministry, believes the international trade landscape has now completely changed. World trade now means becoming engaged in almost…

TRADE CHIEF TACKLES CHANGING WORLD

Commerce Minister Apiradi Tantraporn sets strategy for the country’s export recovery despite gloomy global forecasts. Apiradi Tantraporn, the international trade veteran who has spent nearly all her working life at the Commerce Ministry, believes the international trade landscape has now completely changed. World trade now means becoming engaged in almost everything from labor, the environment and climate change to emerging formats of non-tariff rules and regulations. Like it or not, those issues are inevitable, she says, and global consumers are powerful enough to force the world’s leading department stores to withdraw products from their shelves.

“The time is ripe for all parties to adjust — manufacturers, farmers, small and medium-sized enterprises (SMEs), industries and the ways the Commerce Ministry itself and its staff work,” says Mrs Apiradi.

Thai E-Newsletter, Volume V, No.11

ROYAL THAI GOVERNMENT AIMS TO SHORE UP TRADE WITH USA The Royal Thai Government is attempting to protect Thailand’s trade benefits with the United States after the US Trade Representative announced it would investigate labor practices in the Kingdom. The United States Trade Representative (USTR) is slated to begin a special investigation into Thailand’s reported…

ROYAL THAI GOVERNMENT AIMS TO SHORE UP TRADE WITH USA

The Royal Thai Government is attempting to protect Thailand’s trade benefits with the United States after the US Trade Representative announced it would investigate labor practices in the Kingdom. The United States Trade Representative (USTR) is slated to begin a special investigation into Thailand’s reported use of forced labor in January & may cut Thailand’s tariff privileges despite recently extending the Generalized System of Preferences (GSP) for the Kingdom to more than 3,000 items.

In response to a claim by the American Federation of Labour & Congress of Industrial Organizations (AFL-CIO), Deputy Commerce Minister Suvit Maesincee said yesterday that Thailand would prove to the US that the government & the private sector had stringently taken action against the practice of forced & illegal labor. He said the US should have observed the country’s serious attempt to solve the problem.

Thai E-Newsletter, Volume V, No.10

RCEP MEMBERS AGREE TO ELIMINATE TARIFFS ON 65% OF TRADE IN GOODS October 26, 2015. The Commerce Ministry said last week that the 16 countries in the Regional Comprehensive Economic Partnership (RCEP) had finally agreed to eliminate tariffs on 65 per cent of trade in goods among them, creating huge benefits for all and helping…

Thai E-Newsletter for September, 2015

PRAYUT LOOKS TO SHORE UP US TRADE TIES September 27, 2015. Prime Minister Prayut Chan-o-cha sought to ease concerns over human trafficking and forced labor in a meeting with senior United States business lobbyists Saturday, an apparent effort to shore up confidence amid weakening economic data. Speaking at a dinner with members of the US-Asean…

PRAYUT LOOKS TO SHORE UP US TRADE TIES
September 27, 2015. Prime Minister Prayut Chan-o-cha sought to ease concerns over human trafficking and forced labor in a meeting with senior United States business lobbyists Saturday, an apparent effort to shore up confidence amid weakening economic data.

Speaking at a dinner with members of the US-Asean Business Council in New York, the prime minister said his military government was committed to solving long-standing problems including human trafficking, forced labor and illegal fishing. He said the government was intensifying its efforts to wipe out corruption and promote transparency in the state sector.

Trade and investment-related regulations were also being streamlined and standardized, he told the group, while labor skills were being upgraded and public infrastructure improved to help draw investors.

Thai E-Newsletter for August, 2015

APIRADI IN PLEDGE TO STIMULATE TRADE August 29, 2015.Newly appointed Commerce Minister Apiradi Tantraporn has vowed to tackle trade obstacles to private enterprise, stimulating border trade and faltering exports. Outlining her policies yesterday the Minster Tantraporn would focus on: Reducing people’s cost of living, product prices and developing local economies. She would also setup a…

Thai E-Newsletter for July, 2015

OFFICIAL PRESS RELEASE: U.S. STATE DEPARTMENT’S TRAFFICKING IN PERSONS REPORT, 2015 July 27, 2015.In reference to the Trafficking in Persons (TIP) Report 2015 that was released in Washington DC on Monday 27 July 2015, Thailand is maintained in Tier 3 for the second consecutive year. Thailand takes note of such an evaluation but believes that…

Thai E-Newsletter for June, 2015

THE U.S. GENERALIZED SYSTEM OF PREFERENCES (GSP) IS RENEWED June 29, 2015. U.S. President Barack Obama signed the renewal of the Generalized System of Preferences (GSP) program. The GSP program is the U.S.’s oldest trade preference program, instituted in 1974 and providing preferential duty-free entry into the U.S. for almost 5,000 products from 122 beneficiary…

Thai E-Newsletter for May, 2015

Thai Exports have turned the Corner Thai exports have turned the corner The Commerce Ministry is optimistic that the country’s exports will recover soon after bottoming out in April. It cites a slowdown in the rate of export contraction, rising imports in foreign markets and increased export competitiveness as a result of the weakening baht.…