US soybean council expands collaboration to boost food security in ASEAN region

Published 2024년 4월 9일

Tridge summary

The Thai government, led by Prime Minister Srettha Thavisin, is taking significant steps to boost domestic soybean production by including genetically modified (GMO) soybeans, marking a departure from its previous stance that only permitted non-GMO beans. This initiative is part of a broader strategy aimed at increasing agricultural productivity and ensuring food security. In support of this effort, the US Soybean Export Council (USSEC), with Timothy Loh and CEO Jim Sutter, underscores the critical role of the ASEAN region as a market for US soybeans, emphasizing the US's commitment to being a reliable supplier of high-quality agricultural products. Additionally, the USSEC is advocating for sustainable practices in the food and agribusiness sectors within Southeast Asia, collaborating with Thai producers to promote the sustainable sourcing of food and animal feed ingredients, in line with the global shift towards plant-based diets and sustainable agriculture.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This commitment follows the Thai government’s pledge to boost soybean production in the country for domestic consumption and industrial use. Since taking office, Prime Minister Srettha Thavisin has spoken about the country’s strategic vision on various platforms, underscoring his mission to raise productivity. This endeavour includes revising the Public Health Ministry’s Notification No 431, which governs the production, import, and sale of genetically modified organisms (GMO) soybeans, thereby permitting the cultivation of GMO soybeans within Thailand. Currently, only non-GMO beans are permitted for domestic cultivation, and all GMO soybeans are imported. Timothy Loh, USSEC regional director for Southeast Asia and Oceania, who was in Bangkok on March 22, told reporters that the ASEAN region continued to be a key market for the US soybean industry, especially in Thailand, the Philippines, Indonesia, Malaysia, Vietnam, Singapore, and Myanmar. Acknowledging the imperative for ...

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