Thai exporters keep close eye on US-China trade deal

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BANGKOK (The Nation/ANN): Exporters are closely watching the US-China trade dispute after the two giants reached a phase 1 agreement, with Thai products having to now compete with US goods for Chinese market share.

Under the agreement between Washington and Beijing, China will buy US products amounting to not less than US$200 billion within two years, the items being oil seeds, beef, pork, chicken, seafood, and animal feed. This is expected to have an impact on Thai agricultural exports.

Due to the current swine fever in China, there was still an opportunity to sell more live Thai pigs to the Asian giant. This could be done by exporting not more than 1,000 pigs per day over the course of 2-3 weeks by boat through Chiang Rai’s Chiang Saen checkpoint to China’s southern Yunnan province.

But Thai Broiler Processing Exporters Association manager Kukrit Arepagorn said that on Nov 14 China had lifted its ban on poultry imports from the US and 172 poultry processing plants in that country had been certified by China, so this may affect Thai exports.

 

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