Minister Arkhom Termpittayapaisith assured on Wednesday
that Sino-Thai rice, rubber and railway deals would be sealed in
a few days as planned (Photo by Pattarachai Preechapanich)
Thai authorities say they expect to settle
details and sign rice,
rubber and railway deals with China within the next two
days
as planned.
Deputy Prime Minister Somkid Jatusripitak on Wednesday denied
a report that he had postponed the signing
of a Sino-Thai memorandum of cooperation on the construction of railways from
the Thai-Lao border in the Northeast to Bangkok and
eastern Thailand. He said it was just a rumour.
The signing of three agreements on trade in
Para rubber and rice
and the railway construction should happen on Dec 3-4 as
planned. Obstacles were the details and concerned officials were instructed
to
settle those of the rubber and railway deals in time,
Mr Somkid said.
He
ordered Transport Minister Arkhom Termpittayapaisith to settle
a loan interest rate
for the railway project at a level of
common
benefit.
Mr Somkid also said that the symbolic foundation stone-laying
ceremony for the Sino-Thai railway project at the Chiang Rak Noi
train station
in Pathum Thani province would happen on
Dec 19 as scheduled but when the real
construction could start
had yet to be set.
Transport Minister Arkhom said
rice, rubber and train deals would
be signed at the same time.
He expected
details of the rubber and train deals to be settled by
Wednesday and Thursday
respectively.
Commerce Minister Apiradi Tantraporn said her ministry was
ready
to sign a government-to-government agreement on
Dec 3 or 4 to sell 1 million
tonnes of new rice to COFCO Group
which was China's state enterprise overseeing
rice imports.
The sale would be based on global prices and delivery was
expected
to finish within 2016. The rubber deal would cover the export
of
200,000 tonnes of Thai Para rubber, she said.
News,General,Bangkok Post, 2 December 2015.
Good news for Thai economic.
Hope Thai rice, rubber and railway deals
with China
can sign and mission complete as plan.
Sincerely Yours.
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