Niyom Wairatpanich, a vice-chairman of the Thai Chamber of Commerce, said the private sector is fully confident that trade value will reach 1.7 trillion baht. Thailand's border trade normally includes trade with neighbouring countries and transhipments through them. The Finance Ministry recently floated an idea to provide tax incentives to traders in border towns to boost transactions. Electronic payment will be the sole channel available for transactions in border towns to stem smuggling products for sale in non-border towns. Cambodian traders pull cargo carts through the Khlong Luek border checkpoint in the border town of Aranyaprathet in Sa Kaeo province.

Source: Bangkok Post August 08, 2016 23:26 UTC