THAILAND: Japan invests more in textile & garment industry

BANGKOK: Japan is in process of importing more textile and garment from the country as it doesn’t want to only count on imports of the products from China, Tienchai Mahasiri, Advisor to the Federation of Thai Industries (FTI)’s Textile and Garment Industry Club said here on June 25.

Further the new government has been urged to go ahead with the opening of the planned free trade area (FTA) with Japan to tap the opportunities available from the trading rival countries.

Japan has invested more in the textile and garment industry in the country; whereas China has up to 90 percent market share of textiles and garments in Japan.

Mr. Tienchai further said that the private sector from the country wants to see the FTA be implemented soon because it could encourage trading partners and importers to buy more Thai products.

He also noted that the Thai-Japanese FTA agreement will not only help increase the product sale, but also result in an investment base shifting from Japan to Thailand.

Currently there is wrong understanding in the market that the country would lose an advantage from the FTA agreement; but government confirms that the planned FTA pact would provide the country with more trade and investment opportunities.

Send your News/Releases for publication to [email protected]
Added: June 26, 2006 Source: Agencies
Start script - 1527375601.1734 Start news id check - 1527375601.1735 After news id check - 1527375601.1738 After cookie_code - 1527375602.694 Before news detail - 1527375602.694 After news detail - 1527375602.6948 Start cat select - 1527375602.6949 After cat select - 1527375602.6953 before preg replace - 1527375602.6953 After preg replace - 1527375602.6954 Before tag engine - 1527375602.6954 After tag engine - 1527375602.7044 Before mptt engine - 1527375602.7044 After mptt engine - 1527375602.7045 Before related engine - 1527375602.7045 After related engine - 1527375602.7089 Before update hits - 1527375602.709 After update hits - 1527375602.7092 After update news_hits - 1527375602.7106 After mem_only_views - 1527375602.7106 -------------------------------------------------- Total Exec time:- 1.5372998714447
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 26-05-2018