The Thai Commerce Ministry has said that the government has a policy to
boost the Thai food industry as it sees growth potential in the sector.
In
a speech delivered at a recent food fair held in suburban Bangkok,
Deputy Commerce Minister Yanyong Phuangrach said the government is keen
on pushing the Thai food industry forward, as it is the main industry
that drives the country’s economic growth.
According to him, the
value of Thailand’s food trade each year is estimated at around 2
trillion THB, 1 trillion of which comes from exports and the other
trillion from domestic consumption.
The government is also keen on making Thailand the world’s kitchen, he added.
The deputy minister expected that prices of food products will
increase next year due to the decrease in raw materials and food supply
caused by natural disasters.
However, Yanyong said the government will not let the increasing food prices affect the country’s consumption.-VNA