In seven months, Cambodia exports over 420.000 tonnes of milled rice
A total of 426.073 tonnes of Cambodia’s milled rice have been exported to foreign markets during the first seven months of this year.
Minister of Agriculture, Forestry and Fisheries Veng Sakhon shared the update recently, adding that the figure shows an increase of 118.060 tonnes or about 38.33 percent compared to the same period last year.
Cambodia’s milled rice was exported to 57 countries around the world, including China, 24 countries in the European Union, and six countries in ASEAN, and 26 other countries, and 70 companies engaged in the exports, he pointed out.
The rice exports saw an increase in all destinations compared to 2019; that is, up 37.70 percent to the EU, 25.91 percent to China, 44.03 percent to ASEAN nations, and up 72.40 percent to other foreign markets, the Minister added.
According to Mr Sakhon, in the first seven months, more than 1.11 million tonnes of paddy rice have been exported to the neighbouring Vietnam. Phal Sophanith – AKP
Rice Federation upbeat about Cambodia-Korea FTA
The Cambodia-Korea Free Trade Agreement (FTA) will expand Cambodia’s rice export potential, according to the Cambodia Rice Federation (CRF).
The optimism was floated in a consultation meeting with concerned private sector chaired by Sim Sokkheng, Secretary of State of the Ministry of Commerce, here at the ministry on Tuesday.
Market expansion, added the federation, would also mean the reputation of Cambodia’s milled rice, especially the organic and brown rice will be better recognised.
The consultation aims to mobilise inputs from the private sector to build the foundation for the Cambodia-Korea Free Trade Agreement negotiations.
From his end, Mr Sokkheng highly appreciated the commercial and legal inputs from the private sector especially the Cambodia Rice Federation for his team to work on the FTA negotiation. Phal Sophanith – AKP
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