March 13, 2014 / 1:36 AM / 4 years ago

Thailand sells 730,000 tonnes of rice from stocks to exporters - commerce minister

BANGKOK, March 13 (Reuters) - Thailand has approved the sale of 730,000 tonnes of rice from state warehouses to exporters, the commerce minister said on Thursday.

“The rice is worth about 9 billion baht and we aim to sell more to get money to pay farmers,” Commerce Minister Niwatthamrong Boonsongphaisan told reporters, referring to payments under a rice-subsidy scheme. (Reporting by Apornrath Phoonphongphiphat; Editing by Robert Birsel)

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