Cambodia expects to export 1 million tonnes of rice by 2025
Cambodia is confident of realising its goal of exporting 1 million tonnes of rice by 2025 as exports have reached over 400,000 tonnes in the first eight months of this year.
Hanoi (VNA) - Cambodia is confident of realising its goal of exporting1 million tonnes of rice by 2025 as exports have reached over 400,000 tonnes in thefirst eight months of this year.
According to ThmeyThmey newspaper of Cambodia, Indonesia has plannedto import 250,000 tonnes of rice from Cambodia each year, providing Cambodia with the hope of achieving its target.
Cambodia’s rice exportsin the last eight months accounted for 58% of the 2023annual plan.
Pen Sovicheat, spokesperson at the CambodianMinistry of Commerce, informed that Cambodia and Indonesia haveagreed to sign a Memorandum of Understanding (MoU) on rice trade for four years,which is to be implemented in 2024.
Additionally, thePhilippines and other countries are also interested in buying rice fromCambodia, Sovicheat said, adding that thisfactor makes Cambodia optimistic that its plan to ship 1 million tonnes of riceabroad will be achieved by 2025.
The Cambodian Rice Federation (CRF) reported that Cambodia exported 401,699 tonnes of rice to 56 nationsand territories during Jan – August this year./.
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Illustrative image (Photo: https://cambodianess.com/) 
