Connect with us

Economics

Thailand’s agriculture plan for 2012-2016

Thailand’s international agriculture strategies for 2012-2016 focus on creating confidence in Thai agricultural products and food in order to strengthen the country’s farm sector on a sustainable basis.

Aishwarya Gupta

Published

on

rice farmers Thailand

Thailand’s international agriculture strategies for 2012-2016 focus on creating confidence in Thai agricultural products and food in order to strengthen the country’s farm sector on a sustainable basis. The strategies were approved by the Cabinet, during its meeting on 13 March 2012, following a proposal by the Ministry of Agriculture and Cooperatives.

Loading...

They seek to enhance the competitiveness of  Thailand’s agricultural and food businesses, develop the quality of Thai food and other agricultural products for both traditional and emerging markets, and promote cooperation with the international community under various cooperative frameworks. During the five-year period, the Ministry of Agriculture and Cooperatives will prepare for holding international negotiations to ease the problem of protectionist measures imposed by foreign countries. It will also step up public relations campaigns to promote Thailand’s agricultural commodity and food standards and make them better known in the international market.

The objective is to develop Thailand as a center for food trade and food production of high quality

In order to develop international cooperation with foreign countries, the Ministry will work in partnership with international organizations for research and development, as well as technology transfer. It reported to the Cabinet that the five-year strategies are in line with the Government’s polices presented in the National Assembly in August 2011. According to the policies, the Government will expand the role of agricultural and food businesses, which have long been Thailand’s national income and employment sources.

The objective is to develop Thailand as a center for food trade and food production of high quality in order to meet the demand of consumers with high income and unique preferences. Moreover, the Government will strive to develop Thailand to be the center of futures markets for such agricultural commodities as rice, sugar, and tapioca. The move will help accelerate the country’s ambitious project to turn Thailand into the “Kitchen of the World.” Regarding the agricultural sector, the Government will increase crop productivity through research and development on crop strain improvement, develop production technology, and transfer research knowledge to farmers, so that they can use crop strains and technologies that are appropriate to local conditions. It will also develop value-added agro-industries to increase Thailand’s competitiveness in the world market. Efforts will be made to upgrade the quality of Thai agricultural goods, so that they will gain greater recognition in foreign markets. Apart from expediting negotiations on various agreements concerning Thailand’s agricultural commodity and food standards, the Government will boost Thailand as the Kitchen of the World, in terms of agricultural products, food, and the country’s agricultural investment overseas. Inside Thailand — Thailand’s International Agriculture Strategies for 2012-2016

Economics

Developing Asia growth set to rebound to 7.3% in 2021 (ADB)

Thailand slow vaccination progress coupled with a surge of infections has prompted Kasikorn Research Centre to lower its growth projection for the Thai economy this year from 2.6 percent to 1.8 percent. However, ADB’s forecast for Thailand growth in 2021 remains set at 3% (and 4.5% in 2022).

Olivier Languepin and Asian Development Bank

Published

on

MANILA, PHILIPPINES (28 April 2021) — Economic growth in developing Asia is set to rebound to 7.3% this year, supported by a healthy global recovery and early progress on coronavirus disease (COVID-19) vaccines, according to a new report from the Asian Development Bank (ADB).

Loading...
(more…)

Continue Reading

Economics

Thailand extends the 7,000 baht “Rao Chana” scheme to 33.5 million Thais

The Ministry of Finance said that the new proposal will increase the number of people eligible for the “Rao Chana” relief package to 33.5 million while raising the budget to 3 billion baht.

Olivier Languepin

Published

on

The Ministry of Finance, said today that the new proposal will increase the number of people eligible for the “Rao Chana” relief package to 33.5 million while raising the budget to 3 billion baht.

Loading...
(more…)

Continue Reading

Economics

Thai fruit exports to FTA markets up 107 percent

China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian, mangosteen, longan and mango. Thai exporters are able to benefit from FTA privileges.

National News Bureau of Thailand

Published

on

BANGKOK (NNT) – Thailand’s fruit exports continue to increase, despite the sluggish global economy caused by the COVID-19 pandemic, with key trade partners being countries that have free trade agreements (FTAs) with the kingdom.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,001 other subscribers

Latest

Trending