Cambodia Becomes the Place for Rice Export

Recently, we see North Korea and Thailand’s delegation came to Cambodia to discuss the possibilities of rice from Cambodia. Now Dubai’s delegation visited Cambodia for rice export too. See the report from:

From:http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/business/2011/September/business_September5.xml&section=business

‘Rice Dubai 2011’ sees Dubai as thriving re-export market

(Staff Report)
1 September 2011
DUBAI — The Founding Committee of Rice Dubai 2011 is led by a businessman in Dubai, Dr Faisal Ali Mousa who will lead a core delegation to Cambodia in the first week of September to explore the possibilities of the Royal Government of Cambodia entering the export market to impact positively the rice export market and rice re-export market from UAE to the rest of the world.The delegation will meet with Royal Government of Cambodia’s key officials in the Ministry of Commerce. Rice Dubai 2011 Chairman, Dr Faisal Ali Mousa,  said: ‘The delegation looks forward to meet with  Seun Sotha, Advisor – Ministry of Commerce and  Dr Cham Prasidhi, Senior Minister of Commerce of Cambodia.

“It is expected that Dr Cham Prasidh, Senior Minister of Commerce of Cambodia will preside over a Press meeting to encourage Cambodia’s participation in Rice Dubai 2011.”  Dony Cyril, Project Manager, RICE Dubai 2011,  said: “Rice Dubai 2011 is a concept of exhibition, which is scheduled for November 3, 4 and 5, 2011 at Madinat Jumeirah, Dubai, to bring together global players from the rice producing and exporting markets to benchmark new business thoughts and impact effectively the reach of rice to its consuming markets.The initiative could not have come at a better time, than now, when the world is screaming ‘food crisis’ or ‘famine’.”

The UAE is top re-exporter of rice in the world and its feasible logistical location in the world map as well as its very accommodating Export-Import Trade Laws makes re-export easy from Dubai ports. Keeping with the need for rice exports to be increased from Cambodia, the Royal Government of Cambodia in 2010 axed its rice export licenses to exporters. — business@khaleejtimes.com

Country’s Prime Minister Hun Sen issued a new order in this regard to replace an old order of 2008 and introduced the Green Trade Permit. This initiative was taken to sell more than 200 tonnes of the grain.

According to International Business Times, ‘ Agriculture is central to Cambodia’s socio-economic development, contributing nearly 33 percent to the country’s GDP. Eighty-five percent of the population lives in rural areas and agriculture is the primary source of livelihood for the rural poor.  This sector has become stable and less dependent on natural changes because of the advances in irrigation scheme and application of agricultural technologies.

Cambodia has been successful with rice production during the last decade, producing 7.58 million tons in 2009, of which the country has another surplus of about 3.5 million tons for export. Cambodia’s rice cultivated area could be expanded up to 3.5 million hectares from 2.6 million hectares. This could help the country reach a potential harvest of 12.25 million tons of rice.

The vision of the Royal Government of Cambodia (RGC) is to transform the country into a rice basket making it a major rice exporting country in the global market. In this regard, the RGC has set the year 2015 as the target to achieve paddy surplus of more than 4 million tons and achieve rice export of at least 1 million ton.

The RGC has planned a number of programs and activities to increase rice production to make Cambodia one of the major rice exporting countries in the near future. To address the climate change problem, Cambodia needs to increase its adaptive capacity to climate change and develop more climate resiliency programs.

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