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“Jurin” aims to create a mini-FTA between Thailand and Hainan to push the export growth over 4%


economy

March 31, 2021 – 13:58

Deputy Prime Minister Jurin aims to create a mini FTA to increase trade in many countries. April signing Hainan to push export The whole year exceeded the target 4%. Thai economy, the world has started to recover

To open an activity “Commerce invades the Chinese market “This is to link the potential Thai-Hainan market.” Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce, said China remains the number one trade partner in Thailand and expanding county-level cooperation will promote Thailand’s trade expanded even more. Thailand will consider making a mini-FTA to make the negotiations progress faster. And benefit to increase trade value effectively, including the Mini FTA between Thailand and Hainan. Expected to be able to sign by the end of April. Meanwhile, Thailand is considering moving forward with mini-FTAs with other countries such as Hyderabad, India’s Telangana State, South Korea’s Gyeonggi and Japan’s Kofu.

However, it is viewed that the Thai economy will recover significantly since the third quarter of the year onwards. Tourism and exports improved after the global economy recovered after the COVID-19 crisis Ensuring that overall exports this year can expand according to the target of 3.5-4 percent or possibly more.

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