Certain Thai exports likely to be impacted by Qatar isolation

[webfact]

Certain Thai exports likely to be impacted by Qatar isolation

 

BANGKOK, 8 June 2017 (NNT) – The Ministry of Commerce has indicated that the isolation of Qatar by its neighboring countries could affect exports of some Thai products. 

Ms Pimchanok Vonkorpon, Director-General of the Trade Policy and Strategy Office, Ministry of Commerce, gave her view on the Thai export situation following many Arab states’ decision to sever ties with Qatar and ban all travel to and from the country. She admitted the incident could have an impact on some products exported to Qatar, such as automobiles, air conditioners and refrigerators, as their shipping costs might be driven up. 

Nonetheless, the Director-General gave assurances that such products as gems and jewelry and fresh produce that are transported by air will not be affected. She even cited the current food shortage in Qatar as a golden opportunity for Thai exporters of vegetables and fruits while urging them to study trade regulations and procedures carefully beforehand. 

As for concerns that the tensions in the Middle East would lead to a rise in oil prices, Ms Pimchanok revealed that there has been no clear indication of such impact and recommended that oil prices be closely monitored during this period. For the time being, she said her office is maintaining its oil price estimate for the entire year at between 50 and 60 US dollars per barrel.

 

-- nnt 2017-06-08

 

[impulse]

12 minutes ago, Stargrazer9889 said:

Qatar  if guilty of supporting any terrorist group, deserves to be isolated.  This applies to any

Middle East country, and any country for that matter.  Iran  are  you  listening?

Geezer

 

Follow the money.  It's more about LNG $$$ than terrorism. 

 

http://www.rigzone.com/news/oil_gas/a/150468/Saudi_Dispute_With_Qatar_Has_22Year_History_Rooted_in_Gas

 

Saudi's have been itching to put Qatar in it's place for years, and making it about terrorism gives them political cover.  

 

As for Iran, how many Iranians in 9/11?  How many Saudis?  Where did that money come from?  Yet, whose side are we on?

 

Edited June 8, 2017 by impulse

[Retiredandhappyhere]

Two days ago, a Government spokesman said that the Qatar situation would not impact on Thailand.  I remarked that of course it would not as this is teflon Thailand, a country that is never predicted to be affected by any events occurring abroad.

 

However, today, apparently they have had a little time to think and realise that this gives them another opportunity to blame any future deterioration in the Thai economy.