Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Minister of commerce meets with Chinese

Minister of commerce meets with Chinese

The minister of commerce, Pan Sorasak, met with officials from the Chinese-based Jilin Provincial Investment Group Co Ltd yesterday to discuss strengthening rice-processing infrastructure in the Kingdom.

This is the second Chinese company to visit with the Ministry of Commerce in last three days leading up to today’s arrival of the Chinese President Xi Jinping.

On Monday, the ministry met with China National Cereals, Oils and Foodstuffs Corporation (COFCO) to create a draft agreement for the export of 200,000 tonnes of rice to China this year.

Sok Puthyvuth, president of Cambodian Rice Federation, told the Post yesterday that the discussions showed promise that Chinese commitment would pull through.

Analysts hope that the Chinese president will solidify a $300 million loan request for rice infrastructure.

0

Comments

Please, login or register to post a comment

Latest Video

ACLEDA’s boss on how tech is changing financial services

In today’s world of fast-changing technology, Cambodia is seeing increasing innovation in financial services.

ACLEDA President In Channy on the key to the bank’s success

Post Khmer Editor-in-Chief Kay Kimsong sat down with Dr In Channy, President and Group Managing Director of ACLEDA Bank Plc, to explore the main principle guiding Cambodia’s biggest bank.

A taste of Phnom Penh's first container night market

At the launch of Phnom Penh's newest market, The Post spoke to customers and stallholders about what the hub of bars, food stalls, shops and live music will add to the city's nightlife.