Commerce Ministry puts 2022 export growth at 3-4%Commerce Minister Jurin Laksanawisit chairs a meeting with senior Commerce Ministry officials. The Commerce Ministry has set the export growth target at only 3-4% for next year, slightly lower than projections by private organisations, citing a spate of persistent risk factors such as prolonged Covid-19 outbreaks, stiffer measures for public health and the environment and a shortage of labour and semiconductors. Its forecast for 2022 remains unchanged at 4.5%, but the report was released only days after Omicron was detected. Mr Jurin revealed the ministry's forecast after a virtual meeting yesterday with the Joint Public and Private Sector Consultative Committee on Commerce and commercial ambassadors worldwide. Mr Jurin said another booster is the implementation of the Regional Comprehensive Economic Partnership (RCEP) early next year.

Source: Bangkok Post December 28, 2021 10:05 UTC