Logo of Phnom Penh Post newspaper Phnom Penh Post - Thai co-op seeks to boost Cambodia’s market access

Thai co-op seeks to boost Cambodia’s market access

Thai co-op seeks to boost Cambodia’s market access

A delegation from a Thai agricultural co-operative yesterday discussed means of improving agricultural products and market access with representatives of the Ministry of Commerce in Phnom Penh.

Kamit Likhitvidhayavuth of the Thai co-operative said his team aimed to strengthen market access for Cambodian goods.

“Both [Thailand and Cambodia] are agricultural and food-producing countries in ASEAN. We do not want to have a tough competition to each other,” said Kamit. “If we both can co-operate, we will develop faster.”

No agreement was signed yesterday, but both sides said they share a common goal of boosting economic activities along the countries’ borders.

Transferring Thai technical knowledge on seed production was also a topic of interest to both sides.

Kem Sithan, secretary of state at the Ministry of Commerce, said he welcomes any effort to boost co-operation between the two countries, and he believes such an initiative could potentially translate to higher incomes for rural farmers.

“Cambodian farmers in provinces along the border are able to use higher technology like tractors and other machinery to support their farms,” said Sithan.

“They are getting higher incomes than the nationwide GDP per capita in Cambodia thanks to good co-operation among the two countries.”

Yesterday the Bangkok Post reported that the Thai government has plans to set up a rice trade zone in provinces along the Thai-Cambodian border.

Hun Lak, general director of milled-rice trading company Mekong Oryza, told the Post he foresees that the open markets would translate to higher demand, which will eventually benefit farmers.

“In my opinion, more demand will make the price higher and gives farmers and incentive to increase their productivity for more profit,” he said.

MOST VIEWED

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Long way to go before Cambodia gets a ‘smart city’

    Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up

  • Japan bank buys major stake in ANZ Royal Bank

    Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman