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New “Plan Of Action” Incorporates Commodity-Based Finance

Thailand’s Prime Minister Thaksin Shinawatra met with his British counterpart Tony Blair at 10 Downing Street last week, to foster closer ties through a new plan of action which calls for the support of barter, i.e. trading Britain’s weapons for Thai agricultural produce.

The weapons are through BAE Systems, a UK government-supported manufacturer. The joint statement, released by the British government after the talks, said that the two prime ministers welcomed the accords as a sign of progress in cooperation between BAE Systems and the Thai government regarding the Thai Defence Modernisation Programme.