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Thailand must take advantage from FTA<br />

Thai industries must take advantage of the greater<br />

business opportunities brought by globalization.<br />

Geographically, Thailand is located at the center of ASEAN<br />

<strong>with</strong> a population of 580 million as one single market.<br />

Thailand has many advantages in good infrastructures<br />

and highly skilled labor, but Thai industries have to create<br />

technological competence and innovative products to serve<br />

this big market. Thailand was traditionally a food exporting<br />

country. We were the largest exporters of rice, natural rubber,<br />

fruit, vegetables, shrimps and canned sea food to the US, EU,<br />

and countries in Asia. We can maintain the position in food<br />

exports if the government helps these industries by setting up<br />

Food Safety Standards for exports.<br />

China and India are taking advantage of their larger<br />

scale of production. Their commodity products are<br />

cheap. Foreign investments in high <strong>technology</strong> industries<br />

enable them to catch up quickly <strong>with</strong> changes their<br />

products to better quality and higher <strong>technology</strong> products to<br />

export. The growth of these two countries creates<br />

121<br />

Banja Junhasavasdikul, Ph.D.

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