PM encouraging Thai businesses to leverage RCEP benefits

[snoop1130]

 

BANGKOK (NNT) - The prime minister is encouraging Thai businesses to leverage the Regional Comprehensive Economic Partnership (RCEP) to increase their opportunities and improve their competitiveness in the global market.

 

Government spokesman Anucha Burapachaisri said Prime Minister Gen. Prayut Chan-o-cha strives to encourage the use of benefits afforded to Thai businesses under the RCEP agreement. The free trade deal is now implemented by all 15 member economies, which encompasses about 30% of the global population as well as 30% of global GDP.

 

Anucha elaborated RCEP became fully enforced by member economies after its implementation by the Philippines on June 2, 2015. The agreement is believed to promote trade between Thailand and other member economies, as well as increase marketing opportunities and employment for Thai businesses and the Thai public. The free trade deal is also expected to improve trade convenience for Thai businesses and the economic environment in which Thailand navigates.

 

The spokesman cited Department of Foreign Trade information pointing to Thailand having reaped benefits worth 97.04 million USD from the RCEP agreement in January this year, from exports to 9 countries. These included Japan, China, South Korea, Australia, Singapore, New Zealand, Malaysia, Vietnam, and Indonesia. Key export products that benefited from RCEP in January 2023 included lubricating oil, cassava chip, canned tuna, and spark plugs.

 

Anucha added that the government stands ready to facilitate convenience and provide counseling for entrepreneurs seeking to leverage the RCEP deal, so that Thai businesses would be able to optimally utilize RCEP.

 

By Namo Vananupong

 

Source: https://thainews.prd.go.th/en/news/detail/TCATG230616094934405

 

-- © Copyright NNT 2023-06-16

 

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[dinsdale]

When are these people going to get this correct. CARETAKER! There is a huge difference. Prayut is a caretaker PM. There must be a dissolution of parliament before a notional election. These guys are going along like there was no dissolution of parliament and no election. 

[hotchilli]

13 hours ago, snoop1130 said:

Anucha added that the government stands ready to facilitate convenience and provide counseling for entrepreneurs seeking to leverage the RCEP deal, so that Thai businesses would be able to optimally utilize RCEP.

Reap every free baht going.... 

[zzaa09]

14 hours ago, dinsdale said:

When are these people going to get this correct. CARETAKER! There is a huge difference. Prayut is a caretaker PM. There must be a dissolution of parliament before a notional election. These guys are going along like there was no dissolution of parliament and no election. 

If one truly wanted to be pedantic......neither PM or Caretaker. 

Technically true. 

[AgMech Cowboy]

19 hours ago, dinsdale said:

When are these people going to get this correct. CARETAKER! There is a huge difference. Prayut is a caretaker PM. There must be a dissolution of parliament before a notional election. These guys are going along like there was no dissolution of parliament and no election. 

There is still a country to managed and business to conduct. That doesn't stop just because Prayut is a caretaker PM.  Absolutely nothing wrong with the "caretaker" PM encouraging Thai businesses to leverage the RCEP to increase their opportunities and improve their competitiveness in the global market.

[dinsdale]

1 hour ago, AgMech Cowboy said:

There is still a country to managed and business to conduct. That doesn't stop just because Prayut is a caretaker PM.  Absolutely nothing wrong with the "caretaker" PM encouraging Thai businesses to leverage the RCEP to increase their opportunities and improve their competitiveness in the global market.

Thailand must have the longest caretaker govt in the world. Rest of the 'democratic' world. Parliamrnt dissolved. Election held. Votes counted. As this process happens the incumbent govt. is in caretaker status. This can last some time if voting is close. Not in Thailand though. Landslide victory against incumbent govt. yet results not yet official.