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Thai Herbal Products Producers Want Government to Ease Export Regulations.
Aug. 6--Herbal products have lucrative export potential that could help offset sluggish receipts from industrial goods, but red tape is getting in the way.
The government must speed up the issuing of quality guarantees, says Somkiart Pumeechaiwong, a producer of herbal products who warns that the country has lost opportunities to rival countries because of paperwork barriers.
"It is difficult for Thai producers, since a number of their products have to wait a long time for examination and certification by the Food and Drug Administration and Medical Science Department," said the managing director of Green and Klean Thai Herbs.
Mr Somkiart, who left his furniture business to sell herbs, said the market had grown dramatically as people worldwide were increasingly concerned about their health.
Thailand, China and India have the highest potential for developing, producing and exporting herbal products.
Mr Somkiart suggested the government establish a special institute to certify the products as the Food and Drug Administration and Medical Science Department lack manpower.
Mr Somkiart said that only two of his products had completed the approval process since he launched his new business three years ago.
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