Tuesday, 12 August 2008

Cambodia’s Agricultural Products Look for More Markets

Phnom Penh, August 11, 2008 AKP --

Cambodian agricultural products are now looking for more markets in European Union’s countries, an official of the Cambodian Ministry of Commerce said recently.

This year, the Ministry of Commerce will conduct feasible study over new laws and regulations of EU countries related to the initiative of opened market for three agricultural products namely rice, sugar and banana from the developing countries, he added.

According to a yearly report released recently by the Ministry of Commerce, the EU countries will completely cancel tax on sugar product by July 1, 2009, to reduce 80 percent of tax on rice product by September 1, 2009, while the tax on fresh banana was totally canceled since January 1, 2006 from the developing countries. --AKP

(By Mr. KEO Chandara)

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