Pact to enhance value of farm products

The Bank for Agriculture and Agricultural Cooperatives (BAAC) has teamed up with the Thailand Institute of Scientific and Technological Research (TISTR) to enhance the value of Thai agricultural products.

- WICHIT CHANTANUSORNSIRI

Following the signing of a memorandum of understanding (MoU) with the TISTR on academic cooperation and technology transfer yesterday, BAAC president Chatchai Sirilai said the partnership aims to integrate and disseminate knowledge in science, technology and innovation to enhance the potential and competitiveness of farmers and agricultural entrepreneurs, particularly among the younger generation.

He said the goal is to enable them to apply knowledge in production, processing, yield improvement, marketing, addressing farmers’ challenges and creating added value for agricultural products.

The MoU also promotes the use of scientific and technological services, including production certification standards, to strengthen farmers’ ability to work with stability and sustainability, said Mr Chatchai.