
Thailand needs to prepare new economic plans, including more production of value-added products in the agricultural sector, in response to the hurdles caused by geopolitical conflicts, notably the Russia-Ukraine war, says the Employers' Confederation of Thai Trade and Industry (EconThai).
More value-added products will help the country gain more trade value than exporting only commodities, such as rice, palm oil and rubber, said Tanit Sorat, vice-chairman of EconThai.