Govt shrugs off rice probe

News > Local News

US will send adviser to look into subsidy claim

Published: 10 Aug 2012 at 00.00
Newspaper section: News

A top Commerce Ministry official says he is confident the US will find the rice-pledging scheme is above-board, despite fears that it breaches World Trade Organisation rules on export subsidies.

Yanyong Phuangrach, permanent secretary of commerce, said the Yingluck Shinawatra administration's rice policy is about "income support" and is not a "subsidy" for rice farmers.

His comments followed a report that the US Agriculture Department will send its international economist and agricultural adviser to Thailand to study the rice-pledging scheme on the grounds it may be distorting market prices.

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jacksprat
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Discussion 23 : 10 Aug 2012 at 21.4223
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Remember what happened to the Kiwi auditor a few years ago who discovered a rice mill had fiddled the books for millions of baht?
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samut
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Discussion 22 : 10 Aug 2012 at 19.3322
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Nice idea discussion 5 the problem is to get an independent auditor! They know discussion 9 but would that bring votes?
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ricardofel
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Discussion 21 : 10 Aug 2012 at 15.0221
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It's corrupt like everything else in Thailand....why would the rice scheme be any different when greed and corruption are rampant here???
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upena
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Discussion 20 : 10 Aug 2012 at 14.4420
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Strange that the US is looking into a scheme that has resulted in a 45% decline in Thai rice sales and knocked Thailand from being the #1 rice exporter.
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cpkinnally
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Discussion 19 : 10 Aug 2012 at 13.2819
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Maybe the US wants to send an investigator because the rice pledging scheme is actually plagues by corruption, reported by the BP and corroborated by others
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bkkfarang1
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Discussion 18 : 10 Aug 2012 at 12.5418
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Legal in Thailand, means simply illegal everywhere else!
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dickemery
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Discussion 17 : 10 Aug 2012 at 10.4417
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the hard working farmers are not excempt from this corupt regime their own supporters are being used to benifit a few coruptable minister and side kicks when will the penny drop ? for these deluded red shirts supporters being used as a tool by there piers to make themselves richer the amercians a leading country have the right to investigate fixed prices on the free wporld market the people who losses out are the suffering starving souls shame on these corrupted officals
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mogy71
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Discussion 16 : 10 Aug 2012 at 10.3516
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Disc10: sticky issue mainly up north....
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mogy71
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Discussion 15 : 10 Aug 2012 at 10.2815
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Disc5: what are the chances of the government ordering an independent audit on one of its biggest policy failures ?
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abbub
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Discussion 14 : 10 Aug 2012 at 09.3414
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MEME (witty as always): "We cannot wait for the fugitive or one of his cronies to comment: 'The US is not my father' ..."

(Brilliant in-depth analysis, MEME...)
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Govt shrugs off rice probe | Bangkok Post: news