War room brings commerce chief and TCC together to tackle economic challenges

[snoop1130]

War room brings commerce chief and TCC together to tackle economic challenges

By The Nation

 

 

A war room in which Thailand’s responses to economic challenges will be hatched is about to be established by Commerce Minister Jurin Laksanavisith and the Thai Chamber of Commerce (TCC).

 

The war room will monitor economic trends and developments in the trade war between the superpowers, Jurin said.

 

Among its other functions, the war room’s participants will seek to speed up talks and deals with Thailand’s international partners, including for those related to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership and other free-trade agreements, the minister said.

 

Also in focus will be border trade and import-export flows between Thailand and countries in the CLMV grouping: Cambodia, Laos, Myanmar and Vietnam, said Jurin, who is concurrently a deputy prime minister in charge of economic affairs.

 

A joint committee will be set up between the ministry and the chamber to work on future amendments to rules and regulations deemed outdated or problematic to current business practices, Jurin said, adding that the chamber has proposed helping to coordinate nationwide trade and marketing efforts for fruit grown by Thai farmers.

 

Chamber chairman Kalin Sarasin called for an increase in border trade volume at two key checkpoints in Mae Hong Son and Tak provinces bordering Myanmar, along with one each in Ubon Ratchathani, Buri Ram, and Trat, all of which border Cambodia. 

 

Kalin said all issues discussed by the ministry and the chamber would be brought up in the next Joint Public and Private Sector Consultative Committee (JPPSCC) meeting scheduled for August 14.

 

Source: https://www.nationthailand.com/news/30374562

 

-- © Copyright The Nation Thailand 2019-08-09

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[NCC1701A]

"Economy bad now Farang. We need 10,000 baht or your name on internet."

 

[Cadbury]

1 hour ago, snoop1130 said:

War room brings commerce chief and TCC together to tackle economic challenges

The gloom and doom scenario is setting in.

But wait, the great news is that a a joint committee has been formed between the ministry and the TCC to work on future amendments .....blah, blah, blah.

Committees solve everything in Thailand and no single person can ever be blamed if they stuff it up.

[timendres]

All of these recent economic headlines point to one thing - someone's complete mismanagement is finally coming home to make the bed Thailand will be sleeping in shortly.

[BestB]

In other words thai economy is in deep poo poo and current guru’s in charge have no idea how to climb out of it. 

 

Previously during EU financial crisis , Thailand was not affected 

 

Previously during US financial crisis , Thailand was not affected 

 

Previously during Chinese financial downturn Thailand was not affected 

 

Previously during World financial crisis , Thailand was not affected 

 

But all over sudden Thailand is worried about US-Chinese trade war?

[BestB]

On 8/9/2019 at 8:33 PM, Cadbury said:

The gloom and doom scenario is setting in.

But wait, the great news is that a a joint committee has been formed between the ministry and the TCC to work on future amendments .....blah, blah, blah.

Committees solve everything in Thailand and no single person can ever be blamed if they stuff it up.

I disagree , Thailand will always find someone to blame and point fingers at.

 

its chinese and American fault , but more American fault because not wise to blame the Chinese or tourist numbers might be down