The Philippines inked a deal to import rice from Cambodia for the next two years, according to a statement on the Philippines Department of Foreign Affairs website.

THIS REPORT IS ENGLISH ONLY – GERMAN here

Phnom Penh PostPhilippine Ambassador to Cambodia Noe Wong and Cambodian Minister of Commerce Cham Prasidh signed the deal on Tuesday. “The [Memorandum of Agreement] opens the way for the National Food Authority to import rice from Cambodia for the next two years through Green Trade,” the statement said.

Virak Thon, chairman and director-general of Green Trade, a state-owned, milled-rice exporter, told the Post yesterday that the company has signed no contract yet.

“We are waiting to receive the draft of the meeting. We can’t give any details on quantity or the time frame of the agreement, so far,” he said.

With the deal, Cambodia joins Vietnam and Thailand as potential rice suppliers of the Philippines, which is eyeing to import 187,000 tonnes this year.

Read Phnom Penh Post

 

Authors | Sarah Thust

Last Update | 08.04.2013

Licensed | Phnom Penh Post

About the Phnom Penh Post

The Phnom Penh Post claims to be the oldest existing independent newspaper in any language in Cambodia. First published in July 1992, the Post is read by thousands of foreigners and Cambodians throughout the country.