Objectives
The Agricultural Co-operative Federation of Thailand, Ltd. (ACFT) aims to promote cooperative operations among its members and to provide mutual assistance according to cooperative methods that are not profit-oriented. The goal is to benefit both the cooperatives and the broader society, economically and socially, by adhering to basic societal virtues and good ethics, such as frugality. The specific objectives are:
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- To conduct business in production, trade, services, and industry for the benefit the Agricultural Co-operative Federation of Thailand, Ltd.
- To provide appropriate welfare or assistance to members and their families.
- To offer academic support to members.
- To request or receive academic assistance from government agencies, foreign organizations, or other individuals.
- To provide loans, lease, hire-purchase, transfer, mortgage, or accept pledges on property or for members.
- To acquire, purchase, own, possess, borrow, rent, hire-purchase, transfer lease rights, or mortgage or pledge property by any other means.
- To engage in other activities related to or necessary for achieving the Agricultural Co-operative Federation of Thailand, Ltd’s objectives.
- To promote social development, including education, health, and mental well-being, to foster a peaceful society.
- To perform actions as determined by the Agricultural Co-operative Federation of Thailand, Ltd ‘s regulations or directives. The federation may engage in business or joint ventures with member cooperatives, other cooperatives, federations, or other legal entities or individuals, as specified in the Agricultural Co-operative Federation of Thailand, Ltd’s regulations approved by the general meeting.