China autoriza compra de soja americana - China buys american soybean
Grains

Thailand’s inclusion of two agribusiness chemicals as harmful sparks protests from Brazil and USA

Jun, 22, 2020 Posted by Sylvia Schandert

Week 202026

A recent inclusion by Thailand of paraquat pesticide and chlorpyrifos insecticide to its list of most dangerous substances to human health has caused protests from the United States and Brazil. This is because, according to data from the United Nations, Thailand’s veto could impact wheat and soy exports from the US and Brazil, valued at more than US$1 billion a year. The measure also led to another health regulation being drawn up which prohibits imported food products containing residues of the prohibited chemicals.  Thailand’s import ban has already been drafted and been submitted for review by stakeholders. It will become law once it is published in the country’s Official Gazette.

The US and Brazil contested Thailand’s decision in separate letters at the end of May, after Thailand informed the World Trade Organization (WTO) about their move to ban imports, which has yet to be approved.  Both the US and Brazil have suggested that the Southeast Asian country needs new scientific evidence, as required by the WTO Agreement on Sanitary and Phytosanitary Measures (SPS), to justify a measure that could restrict international trade.

Thailand imports almost all of its soy from the US and Brazil. In 2019, the country was the eighth and fourth-largest global importer of soy from the U.S. and Brazil respectively, with purchases of US$525 million and US$602 million respectively, according to the United Nations database, Comtrade.

Source: Reuters

Sharing is caring!

Leave a Reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.