The Bahrain Chamber of Commerce and Industry (BCCI) signed the memorandum of understanding (MoU) on the establishment of Thailand Food Security Stockpile and Distribution Center and Industry with the Board of Trade of Thailand.
Critics say that by seeking to solve their food shortage problem through foreign farmland acquisitions, the rich emerging economies may succeed in producing enough quantity for their populations but may in the long-term be exporting their food insecurity to other nations.
Pursuing its strategy of penetrating the Middle East market, the company has set up a special committee to study the possibility to increase exports to the region. So far, the company has signed a farming contract with Bahrain for supplying food products.
Les étrangers volent-ils la terre des Thaïlandais ? Le débat enflamme l’ensemble de la presse locale. Malgré des lois strictes, qui font de la terre un bien national inaliénable, les fermiers thaïlandais s’estiment lésés.
“It is the height of stupidity for our country to bargain our lands for the sake of other nation’s food security, while being dependent on importation for our very own food security needs,” says Rafael Mariano
"We believe there are many opportunities for investment in Thailand and Philippines and for both countries in Bahrain," a Bahrain Chamber of Commerce and Industry representative said. "Food security is one area we are trying to emphasise. We had discussions in planting and growing bananas and rice in both countries."