RICE
High hopes for regional pact
- Published: 14 Nov 2012 at 00.00
- Newspaper section: Business
Businesses hailed the government's planned rice trade partnership with Cambodia, Laos, Myanmar and Vietnam, but warned any effort to jointly fix prices would not be easy.
Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said it would be great if Thailand could share information on rice production, technology and know-how with other producing nations.
"This type of cooperation was proposed before, but there was no real exchange of information and technology because Thailand was reluctant to share such information," said Mr Chookiat. "If cooperation occurs, this will help cut rice production costs among producing countries and help develop rice trading zones."
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