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Thailand will persuade Vietnam to join the IRCo organization
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According to relevant information reported that Thailand is ready to be held in Bangkok next week, said Vietnam to join the international rubber Union (IRCo), the move will help stabilize rubber prices. The country also seeks more cooperation in the next five years to expand bilateral trade to $20000000000.
Business secretary Sarikulya Chatchai said the government will do everything possible to find ways to promote trade and investment between the two countries on Wednesday to Monday. The two governments will discuss the cooperation of rice, rubber and other commodities, to stabilize prices, exchange information and logistics services.
Chatchai Gen said the Thailand government will lobby the relevant responsible person, so that Vietnam has become a new member of IRCo.
Thailand, Indonesia and Malaysia formally incorporated in 2004 IRCo, capital reached $225000000. Last year, a total of 8140000 tons of rubber production, accounting for about 67.5% of global output. Thailand output reached 4320000 tons, Indonesia is 3150000 tons, Malaysia is 669000 tons.
Vietnam is the world's third largest producer of natural rubber, rubber production was 953700 tons last year. Global demand is huge to expand Vietnam rubber rubber planting area to increase exports, and promote domestic development. Prior to the release of the Vietnamese government a master plan, rubber planting area will reach 800000 hectares, the output will reach 110-120 million tons.
This report can be seen that this is more conducive to the rapid development of the global rubber industry, is conducive to the stability of prices, can improve the enthusiasm of rubber plantation.
This paper is from Shenzhen,, id=469?
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