The long-delayed draft Retail and Wholesale Act is expected to go before Parliament for debate late this year and take effect next year, according to Commerce viceminister Veerasak Jinarat. Provincial committees chaired by governors would handle operating licences in each area, in addition to a central committee chaired by the commerce minister. The licenceapproval process is to be halved to 30 days. Investors could appeal to the central committee if provincial committees reject their requests.
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