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   PRESIDENT VIEW
   Thailand-Indonesia-Malaysia Cooperation on Rubber
Recently, Natural Rubber tends to slow down in line with global economic growth. The COVID-19 outbreak severely affects the global economy and rubber demand by affecting supply chains and market disruption. In this regard, the International Tripartite Rubber Council (ITRC) held the 36th Meeting of ITRC on 22-23 November 2021, with Mr. Nakorn Tangavirapat, Governor of Rubber Authority of Thailand (RAOT), as the Chairman, Mr. Datuk Ravi Muthayah as the Head of Malaysian delegation, Mr. Farid Amir as the Head of Indonesian delegation, and Mr. Sukatus Tarngwiriyakul, Deputy Governor of the Rubber Authority of Thailand, as the Head of Thai delegation. Furthermore, Mr. Supadetch Ongsakul (TRA Deputy Secretary-General), Ms. Piyaporn Saelim (TRA Manager), Mr. Phudit Junthawadee (TRA Secretary), and TRA staff attended the meeting. 

The significant matters at the meeting include 1) The meeting agreed to establish ASEAN Rubber Council (ARCo). The ASEAN Secretariat informed that they would bring the proposal of establishment of ARCo to discuss in the ASEAN Sectoral Working Group on Crops (ASWGC). Furthermore, the meeting appreciated the efforts of Indonesia NTRC to further facilitate, and contact ASEAN HQ for an official reply/decision on the proposal for ARCo to be under ASEAN; 2) The meeting agreed to invite Cote d'Ivoire to collaborate with ITRC by being a membership under ARCo or a membership club of TIM together with other NR producing countries; 3) Further researching to change  IRCo to an Inter government organization (IGO); 4) Consideration on improving measures and mechanism of ITRC such as SMS, AETS, DPSC, and SMO to be more efficiency; and 5) Consideration of the Sustainable Price Mechanism (SPM), which needs to be consistent with the rules of the World Trade Organization (WTO). Recently, the Association of Natural Rubber Producing Countries (ANRPC) had established a working group to solve the rubber price issue in a short term and stated that SPM might solve the rubber price issue to a certain extent. However, other mechanisms are still needed, such as long-term rubber supply management, increasing natural rubber demand or innovation in rubber base products, building additional incomes for farmers, etc. In conclusion, the meeting agreed to bring the Sustainable Price Mechanism (SPM) issue to the discussion under ANRPC.

The Thai Rubber Association is pleased to support the important policies of TIM governments. We believe that the strong cooperation of Thailand, Indonesia, and Malaysia under the International Tripartite Rubber Council (ITRC) plays a significant role in stabilizing rubber prices and developing forward the world's natural rubber industry with sustainability.


Mr.Chaiyos Sincharoenkul
President
The Thai Rubber Association

Monthly of   November  2021     


   Activities

    iconAll Activities  
The 12th TRA Executive Committee Meeting 2021
icon 24  December  2021
The Thai Rubber Association held the 12th TRA Executive Committee Meeting 2021 (Online Meeting) at 9.30 a.m.-10.30 a.m. on December 24, 2021, at TRA Meeting Room, the Thai Rubber Association, Hatyai, Songkhla...
Seminar on Bank of Thailand and State Banks together continuing to revitalize SMEs after the COVID-19 outbreak
icon 9  December  2021
The Thai Chamber of Commerce and the Board of Trade of Thailand,  the Bank of Thailand, and the Government Financial Institutions Association (GFA) held an online seminar on the topic "Bank of Thailand and State Banks together Continuing to revitalize SMEs after the COVID-19 outbreak” on Thurs..
Workshop on 'Private Sector Contribution to Climate Change Adaptation in Thailand'
icon 29  November  2021
The Office of Natural Resources and Environmental Policy and Planning (ONEP), Thailand together with the Ministry of Economy, Trade and Industry (METI), Japan held the Workshop on 'Private Sector Contribution to Climate Change Adaptation in Thailand' on November 29, 2021, from 1 p.m.-3.30 pm. via Z..
The 11th TRA Executive Committee Meeting 2021
icon 25  November  2021
The Thai Rubber Association held the 11th TRA Executive Committee Meeting 2021 (Online Meeting) at 9.30 a.m.-10.30 a.m. on November 25, 2021, at TRA Meeting Room, the Thai Rubber Association, Hatyai, Songkhla...
The 10th TRA Executive Committee Meeting 2021
icon 29  October  2021
The Thai Rubber Association held the 10th TRA Executive Committee Meeting 2021 (Online Meeting) at 9.30 a.m.-10.30 a.m. on October 29, 2021, at TRA Meeting Room, the Thai Rubber Association, Hatyai, Songkhla...
Seminar on Bank of Thailand and State Banks together continuing to revitalize SMEs after the COVID-19 outbreak
icon 9  December  2021
Workshop on 'Private Sector Contribution to Climate Change Adaptation in Thailand'
icon 29  November  2021
The 11th TRA Executive Committee Meeting 2021
icon 25  November  2021
The 10th TRA Executive Committee Meeting 2021
icon 29  October  2021

   News

    All News
Ministry mulls revision of EV import duties   10  January  2022
Bank of Thailand sees lower H1 growth due to Omicron outbreak   10  January  2022
Ministry urges businesses to pursue BCG model   17  December  2021
US Fed will move quicker to face down inflation   17  December  2021
State offers perks to increase sales   16  December  2021
US auto firms committed to Thai hub   16  December  2021
World Bank upbeat on Thai growth   15  December  2021
OPEC to decide on oil output policy as omicron Covid variant rattles markets   2  December  2021
‘The crisis is not yet over’: Omicron variant could deal another blow to supply chains   1  December  2021
Govt plans B155bn aid for farmers hit by Covid, floods   25  November  2021
   

 

 

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