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May 24, 2024

Thailand to Auction Remaining Rice from Yingluck Shinawatra’s Pledging Scheme

Thailand establishes panel to manage auction of 15,000 tonnes of rice from rice-pledging scheme. The rice, stored for a decade, has been confirmed safe for consumption. Auction expected to take place early next month or by end of June. Revenue from sale to be returned to state coffers. Concerns persist among critics over transparency and authenticity of testing. Yingluck rice-pledging scheme resulted in substantial losses and damage to Thai rice's international reputation.

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