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 news@bharattextile.com
Added: June 26, 2006 Source: Agencies
Start script - 1508711854.6669 Start news id check - 1508711854.6669 After news id check - 1508711854.6672 After cookie_code - 1508711855.0511 Before news detail - 1508711855.0511 After news detail - 1508711855.0517 Start cat select - 1508711855.0517 After cat select - 1508711855.052 before preg replace - 1508711855.052 After preg replace - 1508711855.052 Before tag engine - 1508711855.052 After tag engine - 1508711855.0564 Before mptt engine - 1508711855.0564 After mptt engine - 1508711855.0564 Before related engine - 1508711855.0564 After related engine - 1508711855.0587 Before update hits - 1508711855.0587 After update hits - 1508711855.0589 After update news_hits - 1508711855.0596 After mem_only_views - 1508711855.0596 -------------------------------------------------- Total Exec time:- 0.39280009269714
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2017. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 22-10-2017