Trade war No threat to thai exports: somkid

business July 02, 2018 01:00

By The Nation

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Deputy Prime Minister Somkid Jatusripitak is confident that Thailand’s export sector would continue to grow in the second half of this year, despite the ongoing trade war between US and China.

Somkid has said that he did not think the trade conflict would severely affect the country’s export sector.

He added that foreign countries had a better understanding of Thailand’s political situation. If there were no political turbulence, more foreign investors would come to Thailand as they regard the Kingdom as the hub of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy, as well as Asean. He said he was confident that the country’s economy would expand more than 4 per cent this year.