Cambodia, China Sign MoUs on Rice Production and Export Promotion

The Kingdom of Cambodia and the People's Republic of China reached here early this week two Memorandums of Understanding on Promotion of Paddy Production and Rice Export.

The Cambodian side was represented by Senior Minister H.E. Aun Porn Moniroth, Minister of Economy and Finance and Minister of Commerce H.E. Pan Sorasak, while the Chinese side by Mr. Liu Liange, President of the Export-Import Bank of China, and Mr. Wang Jiong, President of CITIC Group.

The main aim of the MoUs is to ensure the successful implementation of paddy production and rice export to China promotion project.

During the first ten months of this year, Cambodia exported nearly 500,000 tons of milled rice to more than 50 countries across the world � up 16 percent compared to the same period last year � of which over 140,000 to China.

Source: Agency Kampuchea Press