Bangkok (VNA) – The Thai Ministry of Commerce will hold a meeting in Udon Thani provinceto discuss a project to ensure cassava price in the locality.
According to Deputy Prime Minister and Minister of Commerce Jurin Laksanavisit, cassava farmers,entrepreneurs and representatives of governmental agencies will gather at the event.
He will chair the meeting to consult on guidelines of income guarantee for cassavafarmers and to listen to opinions from representatives of the parties.
Cassava, along with rice, rubber, palm and corn, are the fiveagricultural products included in the price guarantee programme outlined by theThai government to boost farmers’ revenue as part of grassroots economic stimulus.
Udon Thani is one of the sevenprovinces being home to large plantations, which supply a large amount ofcassava and sugarcane to the chemical industry, one of Thailand's 12prioritised industries.
Inits bio-economy plan for the period 2018-2027, the Thai government aims topromote added value for agricultural products such as cassava and sugarcane toincrease farmers' income.
Thailandproduces about 28-30 million tonnes of fresh cassava root each year, with theparticipation of over 500,000 households nationwide.
SoutheastAsia's second largest economy is also the largest exporter of cassava productsin the world, accounting for more than 50 percent of the global market share./.