Kittiratt: “Japan External Trade Organization (JETRO) is concern about Thai politics”


DAVOS-KLOSTERS/SWITZERLAND, 30JAN09 – Yasuo Hayashi, Chairman and Chief Executive Officer, Japan External Trade Organization (JETRO), Japan, speaks during the session ‘China, India and Japan: Asia’s Big Three’ at the Annual Meeting 2009 of the World Economic Forum in Davos, Switzerland, January 30, 2009. Copyright by World Economic Forum by Remy Steinegger (Photo credit: Wikipedia)

Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong has disclosed that the Japan External Trade Organization (JETRO) is worried about possible hindrances in the government’s 350-billion-baht water management program. The JETRO executives also expressed concerns over the stability of Thai politics while indicating that although the Thai economic growth could pick up in the latter half of the year, the growth would not be as significant as last year. An amnesty bill, backed by the government, is waiting for debate in Parliament, where the elite establishment is against the bill, and promise a major protest. After meeting with JETRO representatives on Thursday, Mr Kittiratt said the executives feared that the 350-billion-baht water management program would be interrupted after the Administrative Court ordered the government to conduct public hearings before starting the program. The finance minister said he had assured the executives that the program would continue as planned and public hearings were in the process. Moreover, the executives called on the Thai government to adjust customs formalities and said they would submit a survey on opinions of Japanese businessmen in Thailand to the government at the end of this month. (Source)


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