Hong Kong, The Minister of Business meets with the Minister of Commerce and Economic Development of Hong Kong. Opening a convenient way for Thai entrepreneurs Thai products and services enter the Hong Kong market. Ready to draw Hong Kong to use Thailand as a center for expanding trade. Invest into ASEAN, watch the cool FILMART event, revealing that Thailand brings entrepreneurs to join 27 companies, aiming to join hands with HKTDC to create further trade opportunities between them. He also asked Hong Kong to help support Thailand's soft power, including food, fruit, rice, and Thai services. Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce Revealed after a meeting with Mr. Algernon Yau, Minister of Commerce and Economic Development, Hong Kong, at the MIRA Hotel, Hong Kong, with Mr. Keerati Ratchano, Permanent Secretary of the Ministry of Commerce, Mr. Phusit Rattanakul Serererngrit. Director-General of the Department of International Trade Promotion attended and said that they had dis cussed ways to create cooperation in promoting Thai SMEs entrepreneurs, exchanging information on products and services. in opening the Hong Kong market and inviting Hong Kong entrepreneurs who have the potential to expand their businesses into the ASEAN region. Using Thailand as a center for trade and investment. They also exchanged opinions on the international trade situation and business opportunities for Thailand and Hong Kong. Moreover, if trade between Thailand and Hong Kong is limited in the future. I also asked Hong Kong to help facilitate this. In order to create business promotion and increase trade value to grow together more. Thailand has used this opportunity. Kudos to the Hong Kong International Film and TV Market (FILMART), one of Asia's largest film trading events, held in Hong Kong. We are confident that participants from Thailand will have great success. The Ministry of Commerce has brought 27 companies to participate this year, divided into 9 film and animation producers and distributors, 10 television program and drama production companies, and 8 film and video related services companies. It is hoped that There will be trading. and cooperation between Thai and Hong Kong entrepreneurs in the next phase. At the same time, they discussed enhancing cooperation between the Department of International Trade Promotion (DITP) and the Hong Kong Trade Development Council (HKTDC), which will sign an MOU during this visit to Hong Kong. To create cooperation in 3 areas: 1) exchanging trade information, 2) supporting trade activities to raise the level of creativity and innovation of SMEs, such as organizing mutual training, and 3) cooperation in promoting trade through E-commerce system In addition, he asked for Hong Kong's cooperation in supporting and managing more of Thailand's soft power, including food, fruit, and Thai jasmine rice. and Thai service businesses such as hospitals and hotels for Hong Kong consumers to know and help support related activities as well as strengthening cooperation even f urther. It also asks for help promoting trade in service sectors that Thailand has high potential, such as health services and services for the elderly, startup businesses, and modern research. and real estate business as well Information from the Ministry of Commerce According to the Department of International Trade Promotion, Hong Kong is currently the seventh-ranked export market (13th trading partner) of trade in 2023, valued at US$13,708 million. Expanded by 6.94 percent compared to 2022, with exports of 11,096 million USD. Expanded 10.04 percent and imports were 2,612 million USD, contracted 4.47 percent, with a trade surplus of 8,483 million USD. Expanded by 15.43 percent, with important Thai export products to Hong Kong such as gems and jewelry. Electrical circuit board? Watches and components, rice, fruit, and pharmaceutical products etc. Source: Thai News Agency
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