Kittiratt: Boost trade with Europe

Published: 15 Oct 2012 at 16.11
Online news:

Asian countries should take advantage of their strong economic fundamentals to increase investment and trade with Europe, Finance Minister Kittiratt Na-Ranong said in a speech to the 10th Asia-Europe Finance Ministers Meeting in Bangkok on Monday.

Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong (Photo by Thiti Wannamontha)

Mr Kittiratt, the host minister, said that during the 1997 economic crisis Europe had offered support for Asian economies, both in terms of investment and exports.

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pointman-1
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Discussion 5 : 16 Oct 2012 at 08.405
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Mr Kittirat is forgetting one thing. Except for Germany, Europe is having financial problems. Furthermore, Asian countries are too protective of their markets for his idea to happen. The U.S. Dollar rebuilt Europe, and also brought Asia out of poverty. The USA, will continue to be the most lucrative market. Based on economic potential, technology, and overall assets, even with its debt, the United States economy is far better off than Asian economies.
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spiceman
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Discussion 4 : 16 Oct 2012 at 07.004
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Khun BJ#3, what's about wait and see who will become the next US President next month? If Romney wins, we can expect the trade volume with the US to begin rising immediately. If not, the Chinese and the Brazilians, whose Economies are still in relatively good shape without being dragged by massive debt, may be our best bets.
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khunbj
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Discussion 3 : 16 Oct 2012 at 06.203
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D2 so which countries to trade with ? US..or Israel maybe ? Don't think so ...not many other countries beside from China that does not have massive debt.
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spiceman
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Discussion 2 : 16 Oct 2012 at 04.172
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Yes, Khun Ylk #1, if I know my customer is going into massive credit card debt, I would be reluctant to even do normal business with him or her, not to mention increasing the volume of business! Unless, Thailand wants to be infected with the same economic disease from Europe.
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yik
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Discussion 1 : 15 Oct 2012 at 20.431
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"... boast strong current accounts and trade surpluses ..." figures??? If the 'customer' is 'broke', better put way your marbles, sit tight and ... HOPE!
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Kittiratt: Boost trade with Europe | Bangkok Post: business