Thailand to establish task force to address sugar industry concerns

The Commerce Minister, Phumtham Wechayachai, announced that the Ministry is actively addressing the concerns and grievances of sugarcane farmers following the Central Committee for Prices of Goods and Services’ decision to categorize sugar as a controlled product. This development emerged after a constructive dialogue with representatives from four sugarcane farmer organizations, reported Nation Thailand.

During the meeting, it was agreed that a task force would be established to facilitate a balance between the interests of sugarcane farmers and the sugar industry. The task force will be presided over by Yanyong Puangraj, adviser to the prime minister, with the Director-General of the Department of Internal Trade serving as the secretary.

Furthermore, the task force will comprise the Directors-General of the Department of Foreign Trade and the Department of Trade Negotiations, along with representatives from the Ministries of Industry, Agriculture, and Cooperatives, as well as four sugarcane farmers. The task force is mandated to compile a comprehensive summary of the issues and propose solutions that benefit both sugarcane growers and the sugar industry. They have a one-month deadline for their work, with the possibility of prompt action if resolutions are reached swiftly, as highlighted by Phumtham.

Regarding the controlled sugar prices and exports, the process will continue according to the original plan. The task force will collaborate to identify solutions that promote the well-being of the entire industry and ensure its sustainability, as affirmed by Phumtham, who also serves as Deputy Prime Minister.

Phumtham further stated that once the task force reaches its conclusions, the government will be receptive to hearing and considering them for the benefit of all concerned parties. This collaborative approach is crucial for the industry’s growth and the generation of revenue for the country.

“The government is open to the idea of removing sugar from the list of controlled goods, but there must be a consensus reached through mutual agreement and thorough discussions. The first meeting is scheduled for November 6, and we hope to arrive at a consensus soon,” Phumtham added.

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