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Thaksin tells businessmen to shape up for free trade.
May 9--Prime Minister Thaksin Shinawatra yesterday took local industrialists to task for criticising the government's efforts to forge a free trade area (FTA) agreement with Japan, even as negotiators on both sides continued working to close a deal.
In the latest development in the talks, Japan has eased its stance on the steel and auto sectors by agreeing to a phased liberalisation schedule. Thailand, however, remains opposed to opening up the auto sector at this time.
Mr Thaksin criticised local businesses for not improving their competitiveness and seeking to maintain state protection even as liberalisation would benefit the public overall.
"It's natural that certain industries might complain. ... It's not that after an agreement, we won't look after them. But they need to adjust as well," he said.
"The government has constantly urged the private sector about the need to reform. You can't stand still in a competitive ...
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Source: HighBeam Research, Thaksin tells businessmen to shape up for free trade.