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Cambodia: Cambodia asks China to double rice quota
Cambodia: Cambodia asks China to double rice quota
Wed, 3 August 2016 – Commerce Minister Pan Sorasak lobbied his visiting Chinese counterpart, Gao Hucheng, yesterday to consider doubling Cambodia?s annual rice export quota to China while also proposing a host of agricultural trade agreements.
In a press release following a meeting, Cambodia?s Ministry of Commerce said the Chinese government would consult with its relevant agencies to push for up to a 97 per cent tariff reduction scheme that provides duty- and quota-free access to Asia?s largest economy ?as soon as possible?.
China will also consider increasing the export quota on Cambodian rice to 200,000 tonnes starting in 2017, as well as continuing to negotiate on the exports of broken rice, banana, mango, longan, cashew nut, pepper, coffee and soybean. The current export quota on rice to China is 100,000 tonnes per year. Read More?