Photo courtesy of asiahouse.org Arkhom Termpittayapaisith, the esteemed Finance Minister, has recently issued an appeal to the Customs Department of Thailand to streamline customs facilitation for exports and imports, particularly in the automotive industry. He believes that a faster customs process will stabilize the supply chain, especially amidst the critical shortage of electronic components like chips. Japan, Thailand’s principal foreign investor, also seeks assistance in aligning import and export product codes. Thailand remains committed to its automotive industry, as it leads in exporting auto parts and accessories globally. The sector is expected to witness continued growth, driven by domestic and international demand and a thriving export market.
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