Commerce Ministry asks rice exporters to join the Registered Exporter System.
Rice exports in January saw a small decline that exporters have blamed on the EU.
The combined trade value between Laos and Vietnam crossed the $1 billion.
The RDB disbursed over $170 million in loans to the agriculture industry last year.
Cambodia produced 7.4 million tonnes of paddy rice in 2018, a 3.5 percent increase, according to the Ministry of Agriculture’s annual report.
The third Best Paddy Competition came to an end Friday, crowning agricultural communities in three provinces for their jasmine, fragrant or IR rice varieties.
A directive suspends profit tax prepayments for agricultural companies.
Authorities slam calls urging farmers to stage a rally for better rice prices today.
With the recent imposition of tariffs by the European Union, the local rice sector needs to focus on enhancing competitiveness by increasing efficiency and reducing costs, the Ministry of Agriculture said in a statement this week.
The Cambodia Rice Federation (CRF) said the European Commission’s decision to re-impose tariffs on Cambodian rice was made too hastily, leaving local farmers and exporters unprepared and unable to remain competitive in the European market.
China’s import quota for Cambodian rice will be raised by 100,000 tonnes, says Xi.
China has pledged to purchase 400,000 tonnes of rice from Cambodia this year, according to Prime Minister Hun Sen’s facebook post.
The government has downplayed the effects tariffs imposed by the European Union.
The European Commission has imposed tariffs on rice imports from Cambodia and Myanmar that, it says, are hurting farmers in the European Union.
The government issued a directive yesterday urging farmers to plant and harvest rice only during the dry season this year.
Exports of rice last year declined slightly, according to a report issued yesterday by the Secretariat of One Window Service for Rice Export Formality (SOWS-REF).
The noose around the Cambodian rice sector is tightening as the European Commission (EC) is almost certainly implementing the safeguard measures on rice exports from Cambodia and Myanmar from mid-January onwards, said a source close to the issue.
In less than a week, the European Union will decide on whether or not to impose tariffs on rice from Cambodia and Myanmar.
Local rice exporter and millers will buy significantly less paddy rice this year as they await the European Union’s final decision on whether or not to impose tariffs on Cambodian rice, industry insiders say.
It is the beginning of the harvest season, and a rice farmer in Takeo province walks to his field, located just behind his house, ready to inspect the rented machinery he will use to collect the crop.
A rice factory fire yesterday killed two workers and injured four others in Kampong Speu province’s Odong district.
The Cambodia-EU fight may have wider implications for Cambodia and for the SEA.
A year ago, the European Union offered Cambodia the option of using a unique Harmonised Systems Code (HS Code) for its Jasmine fragrant rice and white rice to differentiate it from other Indica rice, a move that could have saved the nation from the conundrum it now finds itself in.
Kors Kralor district, Battambang province – Thousands of hectares of rice fields in 12 districts here have been sucked dry as drought continues to afflict farmers, with those living in Kors Kralor district hit the hardest.
The EU fails on taxing Cambodia fragrant and white rice, giving local rice leaders more time to plan the next step.
The European Union has failed to come to a consensus on the decision of imposing tariffs on Cambodian rice import into the bloc after eight countries voted against slapping a regressive tax on Jasmine fragrant rice and white rice, with seven countries choosing to abstain.
Local rice exporters yesterday call for better planning and communication between all industry actors to meet China’s import quota.
The Cambodia Rice Federation (CRF) last week met with trade representatives in Brussels to express its concern over the possibility that the European Union might impose tariffs on Cambodian rice exports.
For more than a decade, Cambodia has had excellent trade ties with the EU, registering some 5.8 billion euros ($6.56 billion) worth of exports in 2017, compared with a mere 837 million euros ($947 million) in 2007.
For the second time in less than two weeks, a local rice exporter has reached out to European Union institutions to express dissatisfaction regarding the possible imposition of tariffs on Cambodian rice.