Tuesday, 6 January 2009

Cambodia-Aims to become rice exporting country.

FarmingUK
06/01/2009

CAMBODIA IS SEEKING TO BECOME A WORLD LEADING RICE EXPORTER.

The Agricultural Minister of Cambodia, Chan Sarun ,told ABC Radio Australia, that he hopes to produce enough rice to be in a position to export 8 million tones annually.

This follows an announcement by the Prime Minister of Cambodia that they will not cut down on rice exports.

This comes in the wake of news that India, Vietnam, Brazil, China and Egypt are banning the export of rice. Fears of rice shortages have led to increases in the price of rice in some countries.

Although Cambodia is one of the poorest countries in South East Asia, the prospect of becoming a leading rice exporter is feasible and land for planting is available.

The Prime Minister of Thailand announced in December that his country will not cut back on rice exports and put incentives in place to plant more rice.

A spokesman for the International Rice research institute based in the Philippines, Duncan Macintosh, welcomed the move by both governments which could help stable the market and reduce the panic that has gripped the international rice market.

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