ICC and Thai DITP join forces to boost international trade – ICC

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DITP Managing Director Chantira Jimreivat Vivatrat, ICC Secretary General John WH Denton AO and ICC Thailand President Somyod Tangmeelarp signed a Memorandum of Understanding to enhance cooperation and exchange information between DITP and ICC on trade and investment issues and to promote tools to facilitate international trade in areas such as trade transactions, trade finance, sustainability, accountability enterprise, e-commerce and the development of SMEs. These tools include the ICC Incoterms® rules, the ICC model contracts, the international customs documents of the ATA Carnet and the ICC digital library.

Under the Memorandum of Understanding, ICC and DITP commit to strengthening international trade through capacity building and skills development provided through ICC’s educational arm, the ICC Academy. They will also pursue other collaborative activities to achieve common goals to promote inclusive growth and international trade in Thailand and across the ASEAN region. These efforts include promoting cooperation between governments and businesses by leveraging ICC’s global network of 6 million members in more than 100 countries.

“I am delighted to formalize the ICC-DITP partnership through this MOU and to take our current engagement to the next level”, said ICC Secretary General John WH Denton AO. “We look forward to working more closely with DITP in our mission to make business work for everyone, everywhere. “

“Joining forces to take advantage of the distinctive roles of the DITP and the ICC will go a long way in ensuring coherence in policy-making and international trade rule-making in the rapidly changing social and economic landscape. today “ said Ms. Somyod Tangmeelarp.

On Monday, Ms. Jimreivat Vivatrat and the Thai delegation attended the Thailand Business Forum, where Prime Minister Prayut Chan-o-cha presented business leaders with his vision for transforming the country into a value-based economy and innovation. The forum also featured an opening speech by Uttama Savanayana, Minister of Industry of Thailand, who explained in detail how the transformation would be achieved through the Eastern Economic Corridor Development Plan under the Thailand 4.0 program.

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