Sign up | Log in



Home  >>   Daily News  >>ā¸ēCambodia>>Agriculture>> China agrees to double rice import quota
NEWS UPDATES Asean Affairs     September  14,  2016  

China agrees to double rice import quota

China has agreed to double its rice import quota, Prime Minister Hun Sen announced at the opening of the first Chinese-Cambodia investment forum in Nanning, China yesterday, offering a much-needed boost to Cambodia’s beleaguered rice sector.

The prime minister said China’s government had officially accepted the Kingdom’s request that it increase its annual rice imports to 200,000 tonnes, from 100,000 tonnes, starting this year, adding that negotiations were underway to increase China’s imports of other agricultural products.

Sok Puthyvuth, president of the Cambodian Rice Federation (CRF), welcomed the prime minister’s announcement, but said the deal was not yet set in stone.

“The doubling of the rice quota is the framework we have been working with, but it is up to the Ministry of Commerce to make sure the deal is finalised,” he said.

Commerce Minister Pan Sorasak said the revised quota was important for Cambodia’s rice sector, which has routinely lost out on large-scale supply contracts to bids by rival countries able to produce rice more cheaply.

“This will help both exporters and farmers,” he said, adding, “but we have many important markets besides China for rice, like the European Union.”

The investment forum coincided with the 13th China-ASEAN Expo (CAEXPO), an event that aims to strengthen China’s relations with Southeast Asia through “shared investment and shared development”.

The expo also served to promote the Maritime Silk Road – a Chinese strategic initiative to increase trade and investment along the sea route from the South China Sea to the eastern Mediterranean region.

Though dominated by rice, the exposition provided Cambodian companies a platform for the Kingdom’s agricultural producers and industrial firms to display their products.

Kith Meng, president of the Cambodian Chamber of Commerce, part of a delegation of Cambodian private sector leaders attending the investment forum, said the high-profile event could serve as a launch pad for Chinese and ASEAN investment into Cambodia.

“This forum will help promote Cambodia to China and the region and will further open doors for investment,” he said. “With our private sector working groups, we have a high potential to bring business opportunities from China to Cambodia, I hope.”

China accounted for 44 percent of the $19.2 billion of FDI that flowed into Cambodia from 1994 to 2014, according to investment data released in July. Last year, trade volume between the two countries was recorded at $4.4 billion, an 18 percent year-on-year increase.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                          September 14, 2016 Subsribe Now !
• Brunei car sales up 1.9% in August Subcribe: Asean Affairs Global Magazine
• China agrees to double rice import quota
• S Korea: top HCM investor?
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Trade agreements open up Chinese market to Brunei biz
• DPM Teo hails strong ties between Singapore and Vietnam
Asean Analysis                  September 2, 2016
• Asean Analysis  September 2, 2016
Cementing a New Normal in U.S.-Myanmar Relations
Advertise Your Brand

Asean Stock Watch   September  13 , 2016

• Asean Stock Watch-September 13, 2016
The Biweekly Update
• The Biweekly Update  September 2, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand