27 Sep '11, 1pm

Thai govt cancels sale of 300,000 tons of rice to Indonesia (โครงการจำนำข้าวเป็นเหตุ)

Thai govt cancels sale of 300,000 tons of rice to Indonesia (โครงการจำนำข้าวเป็นเหตุ)

Thailand's government has cancelled the sale of 300,000 tonnes of rice to Indonesia agreed under the previous administration that left office last month, although Indonesia's state procurement body said on Tuesday it had not been informed. -- PHOTO: AFP BANGKOK (REUTERS) - Thailand's government has cancelled the sale of 300,000 tonnes of rice to Indonesia agreed under the previous administration that left office last month, although Indonesia's state procurement body said on Tuesday it had not been informed. 'The Public Warehouse Organisation signed an MOU in the middle of August, which would have become effective when the minister signed the deal, but I didn't sign,' Thai Commerce Minister Kittirat Na Ranong told reporters, referring to the body that looks after government stockpiles. 'The price does not match the price the government will guarantee farmers, so that deal ...

Full article: http://www.straitstimes.com/BreakingNews/SEAsia/Story/STI...

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