POKEY
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- Mar 30, 2002
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Payment offered in cold, hard...shrimp
BANGKOK - Thailand's Commerce Minister has proposed that the government use frozen shrimp to pay for part of the cost of new airplanes to be purchased by national carrier Thai Airways.
Commerce Minister Watana Muangsook said on Monday that the government will talk to members of the European Union, which produces Airbus airplanes, 'to see if there would be a way to trade airplanes with Thai shrimp'.
'If the EU doesn't agree with Thailand's proposal, Thailand will talk to the United States about trading with Boeing,' he told reporters.
Frozen shrimp is a major Thai export item, but Mr Watana did not explain why Airbus or Boeing would want them.
His proposal was inspired by a long-existing Cabinet resolution requiring government agencies to use agricultural goods to pay for a portion of items over 300 million baht (S$13 million).
The Finance Ministry did not immediately comment on the plan. Thai Airways is slated to buy 15 aircraft worth 70.78 billion baht. -- AP
BANGKOK - Thailand's Commerce Minister has proposed that the government use frozen shrimp to pay for part of the cost of new airplanes to be purchased by national carrier Thai Airways.
Commerce Minister Watana Muangsook said on Monday that the government will talk to members of the European Union, which produces Airbus airplanes, 'to see if there would be a way to trade airplanes with Thai shrimp'.
'If the EU doesn't agree with Thailand's proposal, Thailand will talk to the United States about trading with Boeing,' he told reporters.
Frozen shrimp is a major Thai export item, but Mr Watana did not explain why Airbus or Boeing would want them.
His proposal was inspired by a long-existing Cabinet resolution requiring government agencies to use agricultural goods to pay for a portion of items over 300 million baht (S$13 million).
The Finance Ministry did not immediately comment on the plan. Thai Airways is slated to buy 15 aircraft worth 70.78 billion baht. -- AP
