State sets September for new strategic trade planMr Phusit stated that a new strategy is the first priority of the Trade Policy and Strategy Office to help the government cope with the Covid-19 crisis and ensure economic recovery. A new five-year strategic trade plan for Thailand is expected to be completed this September to guide state agencies in the post-pandemic period, helping them better understand trends in the bio-, circular and green (BCG) economy, says the Trade Policy and Strategy Office (TPSO). The strategy will focus on domestic trade and exports, which must adapt to changes now formalised during the pandemic, said Mr Phusit. "Young farmers and manufacturers must innovate, such as producing edible insects rich in protein to set new trends for consumers," said Mr Phusit. TPSO also wants to introduce new economic indices later this year to provide data to the state and private sectors, he said.

Source: Bangkok Post April 18, 2021 22:41 UTC