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Business – “Singapore and Thailand Sign Agreements on Rice Trade and Healthcare During Anutin’s Visit”

Article Summary:

Thai Prime Minister Anutin Charnvirakul visited Singapore on November 7, marking his first official trip since taking office in September. During this visit, both countries pledged to enhance cooperation in rice trade and healthcare leadership.

A memorandum of cooperation was established for rice trade, allowing Thailand to support Singapore in assured rice sales under mutually agreed terms. This agreement underscores the commitment of both nations to maintain open and advantageous trade practices.

The initiative aims to expand rice trade between Thailand and Singapore by eliminating unnecessary trade restrictions. This agreement follows Singapore’s recent rice trade pact with Vietnam, further solidifying Singapore’s position in regional rice trade partnerships.

Original Article:

Singapore, Thailand ink pacts on rice trade, healthcare during Anutin’s visit

The one-day trip marks Anutin’s first to Singapore since he took on the top job in September

[SINGAPORE] Singapore and Thailand on Friday (Nov 7) pledged deeper cooperation on rice trade and healthcare leadership during Thai Prime Minister Anutin Charnvirakul’s official visit to Singapore.

Under the memorandum of cooperation on rice trade, Thailand is to support and facilitate the assured sale of rice on mutually agreed terms, upon request by the Singapore government, said the Republic’s Ministry of Sustainability and the Environment.

The deal reiterates both countries’ commitment to open, transparent and mutually beneficial trade in rice, and aims to expand this trade by avoiding unnecessary restrictive measures, noted the ministry’s factsheet.

This is Singapore’s second rice trade pact with a trading partner, following last week’s memorandum of cooperation with Vietnam

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