Cambodia and Vietnam Cooperate to Create a Company for Rice Export to International Markets

The Mirror, Vol. 13, No. 633 - Tuesday, 6.10.2009

"Phnom Penh: The Minister of Commerce and Senior Minister, Mr. Cham Prasidh, said that many private companies in Cambodia still do not have the ability to buy up paddy rice from farmers and to mill it for export to international markets. Therefore, the cooperation between Khmer and Vietnamese companies now is to help Cambodia to create a modern rice milling house to produce rice for export to international markets in the future.

"Mr. Cham Prasidh said that even though Vietnam can export rice of more than 6 million tonnes per year, it has to pay taxes for the exports while Cambodia, a poor country among 49 other similar countries in the world, is allowed by 27 European countries not to pay taxes on exports. Before 1 September 2009, the export quota of Cambodia was still valid, and it allowed Cambodia to export only 6,000 to 7,000 tones of rice to Europe, but now, Cambodia can export up to one million, if it intends to, without paying export taxes. Thus, a Vietnamese company that invests in Cambodia will surely bring great benefits.

"Mr. Cham Prasidh said so on 5 October 2009 while he presided over a signing ceremony between Cambodian and Vietnamese companies to create a new company, the Cambodia-Vietnam Food Company (Cavifoods), to buy paddy rice from Khmer farmers to be milled to produce rice for export to international markets. Mr. Cham Prasidh added that there are very few irrigation system issues that Cambodia needs to address - it is the buying and selling and export problems which are challenges to be solved at present and in the future, because there needs to be much capital to be spent to buy paddy rice from farmers.

"Mr. Cham Prasidh expressed his satisfaction to see that Vietnamese investors had deiced to invest to also create a fertilizer factory in Neak Loeang [Prey Veng], a good strategic location, since Cambodia does not need fertilizer only for rice agriculture, but also for many other crops. Recently, there was also fertilizer imported from Vietnam, but that was no-quality fertilizer, imported by dishonest people, making Khmer farmers to spend double, to have the fertilizers they need, and this affects the friendships between the people of both countries. Thus, establishing a fertilizer factory in Cambodia is a great opportunity, as it will help Cambodia to increase its potential to export more agricultural products.

"Vietnam said that Vietnamese companies have prepared US$200 million to buy paddy rice from Cambodian farmers, and it ensures there will be no shortage of capital to buy paddy rice. This is good news for Cambodian farmers." Koh Santepheap, Vol.42, #6771, 6.10.2009

Newspapers Appearing on the Newsstand:
Tuesday, 6 October 2009

Deum Ampil, Vol.3, #303, 6.10.2009

• The Government Rejected Proposal of [the president of the Cambodian Independent Teachers' Association] Rong Chhun to Increase Teachers' Salaries to Riel 1 Million [approx. US$250 per month, saying that the request does not have a clear basis]
• In Kratie: More Than 7,400 Hectares of the Rainy Season Paddy Rice Are Being Flooded by the Mekong River Flood
• The UN Calls on the International Community to Help the Philippine Typhoon Victims

Kampuchea Thmey, Vol.8, #2066, 6.10.2009

• Police Cracked Down on a Big Group Producing and Smuggling Drugs and Arrested Seven People [Phnom Penh]
• The Flood Is Threatening the Banteay Chhmar Temple [Banteay Meanchey]
• Taliban Militants Attacked Two Front Posts, Killing Eight US Soldiers and Kidnapping More Than Twenty Afghan Soldiers

Koh Santepheap, Vol.42, #6771, 6.10.2009

• Cambodia and Vietnam Cooperate to Create a Company for Rice Export to International Markets

Phnom Penh Post, Vol.1, #19, 6.10.2009

• The Prime Minister Creates His Own Body Guard Commanding Office [separating it from the Division 70, which is responsible for ensuring the security of all politicians and generals in Cambodia]
• The New Government of Japan Continues to Grant Aid to Cambodia [according to the Minister of Foreign Affairs of Japan, Mr. Okada Katsuya - 岡田克也]
• South Korea Prepares to Sign an Agreement to for Mineral Exploration in Cambodia [during a visit of President Lee Myung-Bak to Cambodia in October 2009]
• Conflict [over the call costs] between Mobitel and Beeline [mobile phone companies] Is Sent to the Prime Minister

Rasmei Kampuchea, Vol.17, #5013, 6.10.2009

• Thai Prime Minister and Parliamentarians [from the Puea Thai Party] Argued over Delivering a Tape to Samdech Dekchor [Hun Sen; the tape recorded the words of the Minister of Foreign Affairs, Mr. Kasit Piromya, criticizing the Cambodian Prime Minister]
• The Ministers of Foreign Affairs of Cambodia, Laos, and Thailand Agreed to Cooperate in the Emerald Triangle Zone [to ensure economic growth and development and to reduce the poverty of people of the three countries in the zone]
• The National Assembly Adopted 260 Articles of the 672 Articles of the Penal Code Draft

Sereypheap Thmey, Vol.17, #1801, 6.10.2009

• [Prime Minister] Hun Sen's Authorities Blocked the Cambodian Independent Teachers' Association to March to Celebrate the Teachers' Day [saying it would affect security and public order - Phnom Penh]
• The Asian Human Rights Commission: It Is 16 Years since the Cambodian Government Has Not Created Some Important Laws [like a anti-corruption law, laws on land ownerships, regulating the independence of the courts, prison reform, and assuring the freedom of expression]

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