0
Arkhom Termpittayapaisith, secretary-general to the National Economic and Social Development Board, said the programme was meant to assist small farm raisers of pork, chicken and eggs.
Soybean meal is a raw material in the animal feed industry, and the tariff revenue is quite high at about 500 to 600 million baht a year - sufficient to finance small farmers buying cheaper ingredients to make feed meal.
Normally Thailand imposes a 2% tariff on imports of soybean meal under the quota system approved by the World Trade Organisation. Any imports from non-WTO members will be charged 10%.
http://www.bangkokpost.com/business/economics/211040/tariff-revenue-cuts-meat-costs
