Thai levy bill upsets rubber industry reps

ERJ staff report (BC)

Phattalung, Thailand – Representatives of the Thai rubber industry have voiced opposition to a bill which they say will benefit foreign investors at the expense of local farmers, according to a Bangkok Post report.

Some articles in the Thai Rubber Bill, which is pending parliamentary committee approval, could erode Thailand’s sovereignty over its rubber industry, said Thai Rubber Party chief Perk Lekwangpong.

The bill provides that 80 percent of the levy on rubber exports, known as cess, will…

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