Thailand's textile exports remain promising, says minister

enews.mcot.net — Thailand's textile exports, particularly to ASEAN member countries, still have room for growth despite the global economic crisis, according to Commerce Minister Chaiya Sasomsap. Speaking after opening the 23rd Export Clothes Trade Fair being held October 31-November 9, the minister said he received a report that China would speed up production of textiles and garment for domestic consumption and would compete less with other countries in the export market. Thailand's textile and garment exports will not be affected by the global economic upheaval, he said confidently. Mr. Chaiya said he believed the country's exports this year would grow more than 15 per cent. He said the Thai private sector had already adjusted itself in preparation for impacts of the global economic turmoil.

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