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Thailand: Government to shore up fruit farmers

The Commerce Ministry's farmer assistance policy committee plans to allocate Bt154.46 just over $5 million US) million to prevent a drop in the prices Eastern fruit farmers enjoy during the upcoming harvest season. Targeted fruits are rambutan, mangosteen, durian and langsat.

It will also allocate Bt42.25 million to deal with excess production of lychee in the North, by helping traders find more markets for the fruit and soft loans for processing the product.

Commerce Minister Boonsong Teriyaphirom said the plan aimed to shore up fruit prices in the short term during the harvest season from April to June. The government will help release products by encouraging export and promote processing that will add value to the fruits.

Source: www.nationmultimedia.com

Publication date: 3/22/2012


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