Commerce Ministry maintains 15 per cent growth target for exports
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The Commerce Ministry on Wednesday announced it was maintaining its export target for this year at 15 per cent growth despite various worrying factors including the damage caused by last year massive floods and the crisis in the Euro zone.
Commerce Minister Boonsong Teriyaphirom said that the country's exports in the first seven months of this year surged by 2.2 per cent year on year with a value of Bt4.7 trillion. Meanwhile, other neighbouring markets faced negative export figures, such as India, which saw a 1.77 per cent year on year drop in exports in same period. Taiwan and Korea also posted declines in exports at 5.80 per cent and 0.84 per cent respectively in the first seven months of this year compared to the same period last year.
