Hanoi, March 10 -- Thailand's Ministry of Commerce has launched a "Resilience" strategy to manage risks facing the country's export sector, including geopolitical conflicts and growing trade polarisation.

Nantapong Chiralerspong, Director of the Trade Policy and Strategy Office (TPSO), said that in an era of extreme polarisation, a mid-sized country like Thailand faces pressure to define its policy stance amid competition among major powers. As an export-oriented economy, Thailand needs a proactive strategy to strengthen resilience and upgrade its export structure.

The strategy focuses on three pillars, including diversifying export markets such as the Middle East, Africa and South Asia, accelerating negotiations of free trade agreement...