Special Thai-Cambodian cassava-corn trade zone set to be established

29 April 2013
National News Bureau of Thailand
Agricultural production / Agriculture and fishing / Biofuel crops / Crop products and commodities / Economy and commerce / Maize (corn) / Trade
4th Thailand-Cambodia Joint Trade Committee / Bangladesh / Bhutan / Boonsong Teriyapirom / Cassava / Corn / Director-General of the Department of Trade Negotiations Piramol Charoenpao / Indian aid / special trade zone / Thailand / Thailand Commerce Minister Boonsong Teriyapirom / Thailand-Cambodia Joint Trade Committee

Thailand and Cambodia are on a path towards the setting up of a special trade zone that will see the two neighbors actively trade cassava and corn. Commerce Minister Boonsong Teriyapirom revealed on Monday that the 4th Thailand-Cambodia Joint Trade Committee meeting, held last week, saw both countries content with the expansion of cross-border trade, which has been in line with the two neighbors’ target. Thailand and Cambodia have agreed to set an annual trade growth rate of 30 percent between 2012 and 2015. Last year, trade between both expanded by 40.5 percent to 4.03 billion dollars from 2.86 billion dollars in 2011. …

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