Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | TOP NEWS: Trump Claims Diplomatic Role in Cambodia-Thailand Border Conflict, Calls for Ceasefire | TOP NEWS: Cambodian Prime Minister Confirms President Donald Trump Ceasefire Agreement with Thailand | Thai Military of Escalating Attacks, Despite Cambodia Ceasefire Efforts |
Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | TOP NEWS: Trump Claims Diplomatic Role in Cambodia-Thailand Border Conflict, Calls for Ceasefire | TOP NEWS: Cambodian Prime Minister Confirms President Donald Trump Ceasefire Agreement with Thailand | Thai Military of Escalating Attacks, Despite Cambodia Ceasefire Efforts |

Indonesia Agrees To Buy More Than 120,000 Tonnes of Rice A Year From Cambodia

Indonesia has agreed to revise a memorandum of understanding on rice trade between itself and Cambodia, committing to ordering 125,000 tonnes of rice a year from Cambodia for the next four years.

The decision was made during a bilateral meeting between Minister of Commerce Pan Sosak and Indonesian Deputy Minister of Foreign Affairs Pahala Nugraha Mansury, along with ministry leaders and delegations from relevant institutions on August 16.

During the meeting, Cambodia discussed with Indonesia the possibility of exporting rice to Indonesia through the signing of a memorandum of understanding on rice trade between the two countries.

The Cambodian side requested Indonesia to promote rice orders from Cambodia through government-to-government (G2G), business to business (B2B) rice trade mechanisms. Cambodia has encouraged Indonesian investors to invest in Cambodia in rice production and set up rice mills.

At the same time, the Cambodian side encouraged business meetings between the two countries through face-to-face meetings with all stakeholders to achieve the export of rice and other agricultural products to Indonesia.

In response, Indonesia agreed to buy 125,000 tonnes of rice from Cambodia, including 100,000 tonnes using Indonesian state-owned Bulog and Green Trade logistics, and another 25,000 tonnes as luxury rice between ID Food and the Cambodian Rice Federation (CRF).

The two sides agreed to establish mechanisms to facilitate communication and coordination in rice trade. The two sides will continue to discuss price and other conditions in the near future.

Secretary of State for the Ministry of Agriculture, Forestry and Fisheries, Yang Saing Koma, said that on average, Cambodian farmers can produce a total of 12 million tons of rice per year, making Cambodia the eighth largest exporter of rice in the world.

He said that Cambodia also has high potential to increase rice production on existing land and expand overseas rice markets through policies to deploy commune agriculture officials, build agricultural communities and link farmers' markets. He noted that the Royal Government's financing policy was given a budget of more than $100 million to solve market problems and maintain the balance of rice prices, the continued development of comprehensive irrigation and other related policies.

In the first seven months of 2023, Cambodia exported more than 360,000 tons of milled rice to international markets and more than 1.5 million tons of unmilled rice to 67 destinations, down 19.2% compared to the same period in 2022.



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