Commerce minister to discuss rice deal with Chinese counterpart next month

WEDNESDAY, OCTOBER 16, 2013
Commerce minister to discuss rice deal with Chinese counterpart next month

Commerce Minister Niwatthumrong Boonsongpaisan said Wednesday that he would discuss the rice deal with his Chinese counterpart in details next month.

The talk would be a follow-up on the signing of contract by Chinese Prime Minister Li Keqiang to buy Thai rice in a government-to-government deal for 1 million tonnes a year for five years, Niwatthumrong said.
He said China may have its state firms buy the rice and the Thai government may sell premium rice with better quality than Vietnam’s rice to China. He said the world market price might be used as an index for the deal.
The Nation