WTO Questions Slow Thai Economic Growth and SME Constraints
Post Today
Key summary
Thai business leaders met with WTO Director-General Ngozi Okonjo-Iweala to discuss global trade challenges and strategies for upgrading Small and Medium Enterprises (SMEs). The Director-General questioned structural factors limiting Thailand's economic expansion, despite its diverse economy. Thai officials highlighted the shift from agriculture to industrial production and promoted the 'Reinvent Thailand' initiative alongside anti-corruption efforts. SMEs face hurdles in international markets due to varying standards, regulatory costs, and a need for digital trade support.
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Source report
Post Today
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