Bangkok 31 May - Chamber of Commerce - RorTor. - RAOT - State Bank join hands to increase the value of agricultural products and Thai rubber industry in the world market Both adding capital and creating knowledge, hoping to upgrade the supply chain of the rubber industry.

Mr. Arkhom Termpittayapaisith Minister of Finance presided over the ceremony Sign the intent To expand cooperation in the Entrepreneurship Upgrade Program in the Rubber Industry Group (CARE) between the Thai Chamber of Commerce and the Board of Trade of Thailand, the Shipper's Council of Thailand. (NRTA), Rubber Authority of Thailand (RAOT), Krung Thai Bank, Bank for Agriculture and Agricultural Cooperatives (BAAC), Export-Import Bank of Thailand (EXIM BANK), Small Industry Credit Guarantee Corporation (TCG) to improve the lives of rubber farmers. Pushing for products and services to meet environmental standards To drive the BCG Economy, increase the value of rubber products and the value of exports. Knowledge of export finance And it is a model for integrating cooperation in the supply chain system that connects with other industries. with the establishment of a comprehensive pharmaceutical industry integration center at Lakchai Muang Yang Industrial Estate, Province

Mr. Arkom said that This collaboration will enhance the supply chain of the rubber industry to increase product value. both in agriculture and industry more It also helps support the export of rubber to grow better. Currently, exports of rubber and its products are valued at more than 680 billion baht per year, covering more than 6 million people involved from upstream. to the end of the river It is expected that in 2023, state financial institutions will support access to capital for entrepreneurs SMEs in the rubber industry, with an amount of more than 2,000 million baht, and it is expected that rubber exports this year will grow by 5%.

Mr. Nakorn Takwiraphat, Governor of the Rubber Authority of Thailand (RAOT), said that this project is a good opportunity for both farmers and agricultural institutions. Including entrepreneurs in the rubber industry group both registered and not registered with the Rubber Authority of Thailand all benefited Both in the part of adding capital, adding knowledge by the Rubber of Thailand There is a concept to support the expenses that will occur to entrepreneurs and farmers, such as negotiating a loan package with the state bank to help farmers and entrepreneurs reduce the burden. More importantly, it is trying to push for processing and increasing the value of rubber products. To generate income for farmers, white rubber plantations directly, including the importance of projects that are environmentally friendly.-Thai News Agency

Source: Thai News Agency