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Saha Farms Sees End to Korea Poultry Meat Ban

by 5m Editor
30 March 2012, at 8:08am

THAILAND & SOUTH KOREA - Saha Farms Co, a leader in Thai poultry, expects the South Korean government to lift the ban on Thai frozen chicken imports by July.

Bangkok Post reports that the move should boost the value of Thai poultry exports to South Korea, which has maintained a ban on Thai products for eight years after bird flu broke out in Thailand in 2004.

Manoonsri Chotitawan, the president of Saha Farms, praised the private sector's participation in the roadshow to the country with the Thai government.

The company joined the roadshow in an attempt to urge South Korea to lift the ban, noting the Thai government has improved management to control the spread of bird flu since 2010.

Dr Chotitawan expects a decision by July.

Saha Farms exported 12,000 tonnes of cooked chicken to South Korea last year and expects to ship 15,000 tonnes this year out of total Thai exports of 420,000 tonnes a year.

Thailand recorded a trade deficit with South Korea, exporting agricultural products, electric circuits, computers and components while importing high-technology electrical machinery, steel and metal.

Two-way trade between Thailand and South Korea over the past five years (2008-12) has averaged US$10.47 billion a year.

Last year, it rose to $13.8 billion. The average trade deficit per year during the period was $3.43 billion.

Average imports per year from Korea are $6.96 billion, with 2011 imports totalling $9.1 billion, up by 14.1 per cent from 2010.

Average exports per year are $3.53 billion, with 2011 exports totalling $4.57 billion, up by 26.8 per cent from 2010.