Thailand signs pact with Hong Kong to assist SMEs


The governments of Thailand and Hong Kong have joined hands to promote trade among small and medium-sized enterprises (SMEs) for product distribution online.

Industry Minister Uttama Savanayana said the Office of Small and Medium Enterprises Promotion (Osmep) signed a memorandum of understanding with the Hong Kong Trade Development Council (HKTDC) during the four-day Thai trade and investment road show in Hong Kong and mainland China, which started on Wednesday this week.

"The HKTDC will help promote Thai SME products on its website," said Mr Uttama.

This is another marketing channel to help distribute Thai goods in Hong Kong and across the world, he said. The council could also use Thailand as a production and distribution base for Asean.

Mr Uttama said the government would select around 200 Thai SMEs with strong potential soon to be promoted on the HKTDC website.

The products are expected to be varied, including fashion, lifestyle, food, consumer products and jewellery.

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