The Ministry of Commerce ( Abrv: MOC; th, กระทรวงพาณิชย์, ) is a cabinet ministry in the

government of Thailand The Government of Thailand, or formally the Royal Thai Government ( Abrv: RTG; th, รัฐบาลไทย, , ), is the unitary government of the Kingdom of Thailand. The country emerged as a modern nation state after the foundation of ...

. The Minister of Commerce is a member of the

Cabinet of Thailand The cabinet of Thailand or, formally, the Council of Ministers of Thailand ( th, คณะรัฐมนตรี; is a body composed of thirty-five of the most senior members of the government of the Kingdom of Thailand. The cabinet is the prim ...

. The ministry is responsible for trade, prices of important agricultural goods, consumer protection, entrepreneurship, insurance, intellectual property protection, exports, and representing

Thailand Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is b ...

at the

World Trade Organization The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and ...

. The ministry was founded in 1892 by King Chulalongkorn (Rama V), by separating the ministry from the Ministry of Agriculture and Cooperatives. The ministry moved to its present premises in

Nonthaburi Nonthaburi ( th, นนทบุรี, ) is the principal city of the district and province of the same name in Thailand. On 15 February 1936, Nonthaburi town municipality (''thesaban mueang'') was established, which only covered Suan Yai ...

in 1989.

Governance and budget

, the Minister of Commerce is Jurin Laksanawisit. His deputy minister is Weerasak Wangsuphakijkosol. MOC's budget for FY2019 is 6,889 million

baht The baht (; th, บาท, ; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-m ...

. About one-third of that figure is allocated to trade promotion.

Departments

Administration

* Office of the Minister * Office of the Permanent Secretary

Dependent departments

* Department of Trade Negotiations * Department of Business Development * Department of International Trade Promotion (DITP): Five offices in Thailand and 61 Thai Trade Centers abroad. * Department of Foreign Trade (DFT) * Department of Intellectual Property (DIP) * Department of Internal Trade (DIT) **Central Bureau of Weights and Measures (CBWM) ** Trade Competition Board (1999–2017)

State enterprises

* Public Warehouse Organization (PWO)

Public organizations

* The Gem and Jewelry Institute of Thailand (Public Organization) * The Support Arts and Crafts International Centre of Thailand (Public Organization) * International Institute for Trade and Development

References

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Commerce Commerce is the large-scale organized system of activities, functions, procedures and institutions directly and indirectly related to the exchange (buying and selling) of goods and services among two or more parties within local, regional, nation ...

Economy of Thailand Thailand, Commerce 1892 establishments in Siam