Cambodia Committed to Continue Strengthening Rice Value Chain

Cambodian Minister of Commerce H.E. Pan Sorasak has expressed his strong commitment to continue developing the value chain of Cambodia’s milled rice in order to increase its competitiveness on international markets.

Addressing to over 200 participants at the closing ceremony of the Annual General Meeting of Cambodia Rice Federation (CRF) at Sofitel Phnom Penh Phokeethra on Jan. 23, Minister of Commerce H.E. Pan Sorasak said his ministry will continue to cooperate with other relevant ministries-insitutions and development partners as well as CRF to achieve the above-said commitment through strengthening production techniques and rice processing, reduction of export price, challenge resolution, and market expansion as maximum as possible in order to enhance the competitiveness of Cambodia’s rice at international markets.

H.E. Pan Sorasak also encouraged CRF to contribute more actively to the promotion of Cambodian rice brand as well as the increase of the grain export to international markets at present and in the future.

In mid-2017, the ministry launched AIMS (Accelerating Inclusive Markets for Smallholders) project to reinforce cultivation capacity and techniques of farmers for high yields with high quality.

The CRF’s Annual General Meeting was held on Jan. 22-23 along with the 6th Rice Forum and the launch of newly registered certification mark of Cambodia’s premium rice brand Malys Angkor.

Last year, Cambodia exported more than 635,000 tons of milled rice to 63 markets around the world, up 17.3 percent compared with the figure in 2016. China is the biggest market by purchasing 199,857 tons, a 31.44 percent year-on-year increase, followed by France (77,363 tons) and Poland (44,023 tons), up 12.17 percent and 6.93 percent, respectively.

Source: Agency Kampuchea Press