European Union officials on Thursday celebrated the launch of the US$25 million EU “Food Facility” in Cambodia, a fund to support agriculture and combat rising food prices in developing countries. During the meeting in Phnom Penh, Rafael Dochao Moreno, Charge d’ Affaires of the EU Delegation to Cambodia, said the fund will be made up of €11 million (about US$15.4 million) to assist existing projects within the Ministry of Agriculture, Forestry and Fisheries, and a further package of €6.9 million (about $10 million) towards other projects in the agricultural sector.
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