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Somkid calls for commission to study steel-related issues.
Apr. 2--Thailand and Japan should establish a bilateral commission to examine steel quality standards and product requirements of the domestic auto industry, according to Finance Minister Somkid Jatusripitak.
If Thai mills are unable to produce steel as required by carmakers, then the product should be included in negotiations under the Japan-Thai free-trade agreement, he said yesterday.
"The government considers the competitiveness and survival of domestic industries :in trade negotiations:," said Dr Somkid, who also is deputy prime minister for economic affairs.
"But the Thai steel industry also needs to face facts and upgrade its operations as well."
Steel has emerged as a major obstacle in the negotiations towards a bilateral trade area (FTA) agreement. A key ...
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Source: HighBeam Research, Somkid calls for commission to study steel-related issues.