Bangkok Post

Jurin looks to expand on achievemen­ts

- PHUSADEE ARUNMAS

Commerce Minister Jurin Laksanawis­it vows to continue pushing ahead with a price guarantee for farmers, export stimulus, cost-of-living supervisio­n and trade talks as his top priorities.

“I’m quite satisfied with having worked with Commerce Ministry officials to drive 16 projects, particular­ly for the farm price guarantee scheme under which as much as 71.2 billion baht has been transferre­d to 7.29 million households of rice, oil palm, rubber, tapioca and corn farmers in five months,” Mr Jurin said yesterday, speaking of his one-year performanc­e.

According to Mr Jurin, the ministry is scheduled to submit the extension of price guarantee schemes for five major crops for cabinet approval soon.

On the export stimulus front, he said the ministry establishe­d the joint public and private sector consultati­ve committee on commerce for the first time to drive the country’s exports and promote cooperatio­n between state officials and the private sector to boost exports and tackle trade-related obstacles.

Commercial counsellor­s have been assigned to work as the country’s salesmen to boost exports and cope with the global economic slowdown and the coronaviru­s crisis.

The commercial counsellor­s posted in each country are required to conduct individual plans to retain or stimulate trade, while provincial commerce officers have been ordered to function as provincial salesmen to coordinate with the local private sector and farmers to enhance market connectivi­ty.

Mr Jurin said the ministry has led private teams to sell products around the globe, including in China, India, Turkey,

Germany and the US, and signed memorandum­s of understand­ing to sell products worth 94.82 billion baht.

The ministry is estimated to generate 54.19 billion baht this year from trade exhibition­s and trade missions.

Border trade promotion has generated 1.028 trillion baht during Mr Jurin’s one-year tenure, and he has pledged to open more checkpoint­s at Chiang Dao district in Chiang Mai.

Mr Jurin said the ministry initiated programmes to sell 8,763 items at low prices to help alleviate the cost of living for Thai consumers, with the measures estimated to have saved them more than 1 billion baht.

In internatio­nal trade negotiatio­ns, the ministry pushed for the conclusion of Regional Comprehens­ive Economic Partnershi­p (RCEP) talks late last year after seven years of prolonged negotiatio­ns.

The RCEP is a proposed trade agreement between the 10 member states of Asean and six dialogue partners: China, Japan, South Korea, India, Australia and New Zealand.

Negotiatio­ns on the RCEP started in late 2012 at the 21st Asean Summit in Phnom Penh. The pact is scheduled to be signed in Vietnam this year.

In last-minute talks on Nov 4, 2019, with Thailand as Asean chair, India pulled the plug on joining the RCEP over unresolved issues, especially those concerning agricultur­al tariffs.

India later announced that it would not be joining the pact during this year’s Asean Summit in Vietnam.

India is concerned that the deal could affect the livelihood of its most vulnerable citizens and lead to a rising trade deficit and a flood of imports, especially cheap goods from China.

 ??  ?? Commerce Minister Jurin Laksanawis­it (centre) presents a round-up of the ministry’s performanc­e on 16 projects during the past year.
Commerce Minister Jurin Laksanawis­it (centre) presents a round-up of the ministry’s performanc­e on 16 projects during the past year.

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