Online boost for Rcep trade

Online boost for Rcep trade

According to Rachada Dhnadirek, a deputy government spokesperson, the government is working to steadily expand the Regional Comprehensive Economic Partnership( Rcep ), which will be aided by expanding online sales channels.

In the first five weeks of this year, commerce between Thailand and RCEP members has increased.

Particularly, Thai imports of processed land materials to important markets like Asean, China, and Japan have increased.

Australia, Brunei, Cambodia, China, Indonesia, Japan, South Korea, Laos, Malaysia, Myanmar, New Zealand, the Philippines, Singapore, Thailand, and Vietnam are the free business agreement’s 15 members. Together, they make up about 30 % of the world’s GDP and 70 % of its population.

According to Ms. Rachada, the intra-trade of processed land goods, such as sugar and canned fruit, vegetables, and seafood, has grown extraordinarily.

Fresh, frozen, and dried fruits are among the Rcep’s most well-liked agricultural goods.

Automobiles, automobile accessories, and plastic products are also experiencing strong growth in intra-bloc business.

Thailand’s exports from January to April increased by US$ 422 million($ 14 billion baht ), or 107 %, from the same time last year. The majority of these imports go to South Korea, Japan, China, Vietnam, and Australia.

According to Ms. Rachada, the state is promoting Thai fruit export via online shopping channels.

According to her, the Commerce Ministry frequently talks about ways to broaden the buying channels for Thai goods using e-commerce platforms and contemporary business businesses.