Logo of Phnom Penh Post newspaper Phnom Penh Post - Europe: major rice target

Europe: major rice target

Europe: major rice target

CAMBODIA is looking to Europe as its most important market for rice exports in 2011, with aims to quadruple global exports this year, according to Minister of Agriculture Chan Sarun.

“The European Union is to be the major market for Cambodian rice exports this year, as we hope the EU will continue providing tax exemptions for Cambodia,” he said.

The European bloc’s 27 member states have granted duty free imports to Least Developed Countries including Cambodia under its “Everything But Arms” initiative. Cambodia exported some 40,000 tonnes of the grain to Europe in 2010, he said.

Speaking to The Post at an agricultural show in Kandal province on Saturday, Chan Sarun said that Cambodia projects exporting 200,000 tonnes of rice to global buyers this year, up from 50,000 total tonnes of exports during 2010.

However, he did not specify how much of the targeted 200,000 tonnes of rice would be sold to Europe, and how much would be exported to other countries.

Earlier this month, Economics Institute of Cambodia director Sok Hach raised concerns that the EU’s exemptions would expire at the end of 2011, but Chan Sarun downplayed the concern on Saturday.

“We will request the EU to continue import tax exemptions on our rice, in order to motivate our price producers to increase productivity,” he said. Rafael Dochao Moreno, Chargé d’ Affaires of the EU Delegation to Cambodia, said earlier this month that there were no plans for exemptions to end this year, adding the program’s guidelines guarantee that no substantive changes would be made for the whole period of 2006 to 2015.

MOST VIEWED

  • ‘Kingdom one of safest to visit in Covid-19 era’

    The Ministry of Tourism on January 12 proclaimed Cambodia as one of the safest countries to visit in light of the Kingdom having been ranked number one in the world by the Senegalese Economic Prospective Bureau for its success in handling the Covid-19 pandemic. In rankings

  • Ministry mulls ASEAN+3 travel bubble

    The Ministry of Tourism plans to launch a travel bubble allowing transit between Cambodia and 12 other regional countries in a bid to resuscitate the tourism sector amid crushing impact of the ongoing spread of Covid-19, Ministry of Tourism spokesman Top Sopheak told The Post on

  • Kingdom accepts Chinese vaccine, PM first to get jab

    Prime Minister Hun Sen said China would offer Cambodia an immediate donation of one million doses of the Covid-19 vaccine produced by the Sinopharm company. In an audio message addressing the public on the night of January 15, he said Cambodia has accepted the offer and

  • Reeling in Cambodia’s real estate sector

    A new norm sets the scene but risks continue to play out in the background A cold wind sweeps through the streets of Boeung Trabek on an early January morning as buyers and traders engage in commerce under bright blue skies. From a distance, the

  • PM asks India for vaccine help

    Prime Minister Hun Sen is seeking assistance from India for the provision of Covid-19 vaccines as the country has produced its own vaccine which is scheduled to be rolled out to more than 300 million Indians this year. The request was made during his meeting with

  • One million Chinese Covid-19 jabs to start rolling in from February

    The government has confirmed that Covid-19 vaccines from China are set to begin arriving in Cambodia by February. This came as the Ministry of Health recorded two imported cases of Covid-19 on January 18. While calling on people to remain vigilant against the pandemic, ministry spokeswoman