The Prime Minister is delighted that Thai people use digital systems for international trade, ranking 32nd in the world.

Office, The Prime Minister is delighted that Thai people are using digital systems for international trade, ranking 32nd in the world and 3rd in ASEAN from the survey results of the Global Trade Modernization Index 2024, believing that this is an opportunity to increase competitiveness. Mr. Chai Watcharong, Spokesman of the Prime Minister's Office Revealing the results of the Global Trade Modernization Index 2024 (GTMI), an index assessing economic readiness for the use of digital systems in international trade. as well as the ability to compete in international trade Thailand is ranked 32nd out of 65 countries/economies around the world. and is ranked 3rd in the ASEAN region as well. It reflects the success of the government's continuous push for the use of digital technology. According to the policy of Mr. Settha Thavisin, Prime Minister, who wants to increase modernity for people to have access to technology. Continuing to elevate the Thai economy into the digital economy era. A spokesman for the Prime Minister's Office said the survey, conducted by the Asia Global Institute, ICC Digital Standards Initiative and the Milken Institute, compiled data from 65 countries/economies around the world. Consider the indicators for digital trade readiness (Digital Trade), which is considered an important part that helps develop industries in the economy to be more efficient. There are additional sources of income from entering new markets and reducing business costs in 5 ways: 1. Reducing the use of paper in trade (Paperless Trade) 30% 2. Trade Openness (Trade Openness) 10% 3. Regulatory Environment (Regulatory Environment) 25% 4. Readiness of the business sector (Business Readiness) 25% and 5. Human Capital (Human Capital) 10% Thailand ranked 32nd with a total score of 66.4 points, classified as reducing trade paper use by 22.5%, trade openness 7.2%, regulatory environment 16.1%, readiness of the business sector 14.5% and human capital 6.1%, which can be seen. that each of Thailand's indicators has been evaluate d with scores exceeding half according to the specified criteria. At present, the government emphasizes promoting the use of technology and digital innovation. In line with the vision of IGNITE THAILAND, pushing Thailand to be the center of the digital economy (Digital Economy Hub) and taking steps to develop a seamless transition to the digital era, such as digital government policy and the use of sector cloud services. Government (Cloud First Policy) Promoting the use of artificial intelligence (AI) technology to develop public services. e-government project (e-Government) as well as enhancing skills Increase the potential of the country's human capital in the digital field (Human Capital) 'The survey results are considered progress in the country's development resulting from the Prime Minister's vision. and the implementation of policies in a step-by-step method. Distributed work with integration Therefore, trends can be seen that reflect progress in accelerating the development and pushing for the contin uous use of digital systems to help in international trade. As the Prime Minister always emphasizes: Thailand is ready for investment. And the government will upgrade the Thai economy to the digital economy era. To create a high value economy (High Value Economy) to raise the quality of life for people in all sectors,' Mr. Chai said. Source: Thai News Agency