BANGKOK, 06 July 2019 (NNT) -The House of Representatives has considered urgent motions on the low prices of farm goods and resolved to set up a 39-member extraordinary House committee to look into the the matter.

The House of Representatives yesterday continued to deliberate 11 urgent motions lodged on the issue of low prices of farm goods.

Government and opposition MPs debated the low prices of rice, rubber, oil palm, longan, maize, coconut, sugarcane, onion and garlic as well as marine products.

The MPs pointed out various factors that reduce prices, including inadequate water, the high costs of production, the lowering of the prices by Chinese traders who have bought up large volumes of farm products and reducing the bargaining power of farmers and imports of unlimited volumes of farm goods.

The House of Representatives resolved to set up the extraordinary House committee to look into the problems and propose concrete solutions. The MPs called on the government to bring the Chinese traders under control.

The extraordinary House committee has 39 members, consisting of 20 government MPs and 19 opposition MPs and has been given a 60-days timeframe to work on the issue.

Source link

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Thai growth forecasted at 2.8%, Asia Sails into persistent Headwinds (IMF)

Asia Sails into Headwinds from Rate Hikes, War, and China Slowdown with growth forecasts lowered for this year and 2023, while inflation exceeds central bank targets in most countries

Developing Countries to Be Hard Hit by Long-Term Slowdown

Excluding China, growth in emerging market and developing economies is expected to decelerate from 3.8% in 2022 to 2.7% in 2023

Thailand ranked 66th on UN Human Development Index

Thailand received a score of 0.8 on the index, with an average life expectancy of 78.7 years, an average of 15.9 years of education and a per capita income of 619,000 baht (US$17,000).