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Thailand says no to farm investment by Arab investors

Posted on 24 June 2009

From Reuters: Thailand said on Tuesday it would not allow foreigners to invest in farming and livestock businesses in the country, after requests from several Arab investors.

“According to our laws and our policy, foreigners or foreign companies are not allowed to rent or buy land to grow rice or any kind of food, including raising any livestock in Thailand,” Deputy Commerce Minister Alonkorn Pollabutr told reporters……..Full Article: Source

 
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