Building a world of
resilient communities.



Thailand And Iran To Start Barter Trade

BANGKOK (TNA) -- Thailand plans to negotiate a barter trade agreement with Iran in the near future.

Thai Industry Minister, Pinij Jarusombat, will raise the matter on his official visit to Iran next month.

Thailand hopes to export Thai sugar to Iran in return for copper and oil from Tehran, the industry minister told journalists here.

Thailand wants to export one million tons of sugar to Iran, under a government to government deal for mutual benefit.

It is expected that the move could push up the price of the sugar on the world market, as Thailand is one of the world's leading sugar exporters.

The world sugar price has already climbed to US$08.84 a pound, from US$07.00 a pound.

The higher sugar price is partly the result of higher demand from India, which has turned from a major sugar exporting country to a sugar importing country due to a recent drought in the country. India has had to import up to four million tons of sugar this year.

Rising world oil prices have also contributed to the increase in the sugar price, as they have boosted demand for molasses which is used to produce alternative fuels, like ethanol and bio-diesel.

The increased world sugar price is likely to benefit Thailand's sugar exports, Mr. Pinij said.

The minister also urged Thailand's parliamentary sugar cane and sugar committee to expedite measures to expand plantations of high-yield sugar cane and to reduce the cost of sugar production.

Mr. Pinij also proposed the setting up of a model organic fertilizer factory, with a budget of around Bt800-900 billion, which will use sugar cane as its raw material.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.

Resilience Reflections with John Thackara

It’s taken me a long time to learn respect for the ways millions of …

A Review of Books 2 and 3 in the After Oil Science Fiction Anthology Series

This year saw the publication of not one, but two, more worthy additions to …

Sending Them a Message

If we want to “send a message to those who hate us,” here’s a new one: Come …

What If We Built Our Bridges through Placemaking?

Bridges are, by design, meant to bring people together. All we have to do is …

Paris: How Can we Start Unpicking the Spiral of Humiliation and Violence?

So long as our default setting is determined by humiliation and depends on …

The Heresy of Intellectual Choice

The heresy of technological choice is a door.

Don’t Make Refugees Pay for the Terror they’re Fleeing

Shutting down borders and blaming Muslim immigrants for the Paris attacks …