The
Rubber Association of Indonesia (GAPKINDO) hosted the 7th ASEAN Rubber
Business Council (ARBC) Assembly which was held on 28 July July 2007
in Jakarta, Indonesia in conjunction with Gapkindo's annual dinner
on 27 July 2007. Members of the Council, comprising of the Rubber
Association of Indonesia (GAPKINDO), the Thai Rubber Association (TRA),
the Rubber Trade Association of Singapore (RTAS), Vietnam Rubber Association
(VRA), Association for Rubber Development of Cambodia (ARDC) and the
Malaysian Rubber Exchange/Federation of Rubber Trade Associations
of Malaysia (MRE/FRTAM) attended the Assembly.
Issues
discussed at the Assembly included the revised draft IRA International
Contracts for TSR 20 and Latex in Drum and trade matters pertaining
to the interest of the ARBC members. Respective association representatives
briefed on the current trade situation and measures to restrain errant
parties in the event of non-conformance of contracts were discussed.
Divergences of NR statistics among producing countries was highlighted
and the Assembly proposed the establishment of an Inter-agency Statistics
Coordinating Committee.
Prior
to the ARBC Assembly, the members of the Industry Discipline Committee
and the Economics and Statistics of the ARBC met earlier on 27 July
2007 at the same venue. |
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MRE/FRTAM delegates at the ARBC Assembly
Encik Mohd Roslan Abd Rahim, Deputy Chairman MRE with Indonesian delegates
Secretary-General of ARBC, Mr Quah Swee Kheng (2nd from right) with
ARBC delegates at the Gapkindo Annual Dinner |
Highlights
of the 7th ASEAN Rubber Business Council Assembly