The Thai government has agreed to cut import taxes levied on several agricultural products from its neighbouring countries, including Vietnam.
 

The decision is in line with the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) signed by Thailand and its neighbouring countries, including Cambodia, Laos, Myanmar and Vietnam.

The farm products to enjoy tax exemptions will include maize, soya-beans, eucalyptus and palm oil.

Around 108,000 tonnes of products are forecast to be imported into Thailand in 2007.