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Bangkok Post
Bangkok Post
Business

Ministry to place greater focus on global megatrends

The Commerce Ministry vows to beef up exports of products related to global megatrends, particularly in the bio-, circular and green (BCG) economy, soft power and carbon market to help rehabilitate the economy battered by Covid-19 and the Russia-Ukraine war.

In his keynote speech at a seminar on zero carbon, Commerce Minister Jurin Laksanawisit said Thailand's trade strategies need to be rejigged and focus more on products that are described as global megatrends such as BCG, the creative economy or soft power and zero carbon emissions.

"Thailand is facing myriad economic difficulties, be it the persistent pandemic, the trade war and the impact of Russia's invasion of Ukraine which have disrupted global commerce, pushed up oil prices, threatened food supplies and increased uncertainty already heightened by the coronavirus," he said.

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