Wednesday, June 20, 2007

Thailand exempts agro-industry duties from neighbours [- A boon for Thai rice importer from Cambodia?]

BANGKOK, June 20 (TNA) – The cabinet has approved a proposed exemption of import tariffs for certain categories of farm produce from neighbouring countries as part of the economic cooperation projects under Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) between Thailand and its neighbouring states.

Government spokesman Yongyuth Mayalarp said the lifting of the import tariffs was intended for agricultural goods produced on a contract farming basis in Cambodia, Laos, Myanmar and Vietnam and which are to be imported to Thailand.

The Ayeyawady-Chao Phraya-Mekong economic cooperation scheme was scheduled to be implemented from 2006 until 2008.

The tariff-free farm goods include maize, soybeans, eucalyptus and oil palm, which may be used as an alternative energy source in this country. A total of 108,000 tonnes of these categories of farm produce was projected for import throughout this year, followed by 428,000 tonnes in 2008.

Thailand's Agriculture and Agricultural Cooperatives Ministry and the Energy Ministry have been assigned to conduct feasibility studies for launching investment projects connected with the contract farming of such energy-alternative products in Thailand's neighbouring countries.

1 comment:

Anonymous said...

No thank you to the Thaicong government! All the Thaicong agreements are meant to be broken!

The Thaicong need to stop flooding their dirt cheap agricultural goods to Cambodia because 90% of the goods grow with the use human waste as fertilizer! No Cambodian people want to eat the Thaicong shit!