Rice scheme in line with WTO rules | Bangkok Post: business

Rice scheme in line with WTO rules

Published: 15 Nov 2012 at 16.37
Online news:

The Ministry of Commerce insisted on Thursday that the government’s rice pledging programme is not against the rules of the World Trade Organisation as alleged.

Thikamporn Nartvoratat, deputy director general of the Foreign Trade Department, said the rice scheme is in line with the rules of the WTO, which allows member countries to provide assistance needed for their farmers.

He was responding to a concern by the US that the rice scheme might have violated the WTO’s regulations to prevent the implementing of trade barriers and called for a discussion on the issue with the Thai government.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

Your comments

mitrapaap
Post : 987
Send message

Discussion 4 : 16 Nov 2012 at 06.564
Post this to my Facebook
"He added that the government’s rice scheme had no effect on other rice exporting countries."

Well, at least not negative effects for now.
Like dislike 6 people liked / 1 people disliked this comment
onlyasking
Post : 483
Send message

Discussion 3 : 16 Nov 2012 at 01.483
Post this to my Facebook
D 2 Two different issues. The scheme is aimed at increasing income for farmers. The other issue is the Thai government are trying to form a selling syndicate with it's rice exporting neigbors to try and increase the world markets price. Both have been reported in BP and you can read articles about both.
D 1 The truth will come out somewhere in the near future, can't keep a secret in Thailand.
Like dislike 4 people liked / 7 people disliked this comment
bluebottle
Post : 1,578
Send message

Discussion 2 : 15 Nov 2012 at 20.112
Post this to my Facebook
That is not what they suggested some weeks back, Didn't they say openly that they wished to increase the price of rice on the open market.They also sighted Thailand being the largest rice exporter implying that they could force the increases.However it backfired miserably. Hence another smoke screen.
Like dislike 28 people liked / 4 people disliked this comment
koolbreez
Post : 639
Send message

Discussion 1 : 15 Nov 2012 at 16.551
Post this to my Facebook
If the rice scheme is so legal then why all the secrecy, and total lack of transparency, that had been promised by the government. What are they really hiding from the world about this rice scheme?
Like dislike 53 people liked / 7 people disliked this comment