China vows to increase import of Cambodian agricultural products

China vows to increase import of Cambodian agricultural products

China has expressed its commitment to import more rice and other agricultural products from Cambodian after the free trade agreement (FTA) between Cambodia and China came into force.

This was announced by the President of China, Xi Jinping, during a telephone conservation with Prime Minister Hun Sen.

President Xi said that the free trade agreement between Cambodia and China has now entered into force, so China will import more rice and other agricultural products such as bananas, mangoes and longans to help reduce poverty in Cambodia.

Cambodia’s exports have increased by 39 percent or $1.51 billion during the previous year, which is, a positive boost to Cambodia’s trade as Cambodia and China approve the implementation of the bilateral free trade agreement.

According to data from the Ministry of Agriculture of Cambodia, in the first two months of 2022, Cambodia’s rice exports totalled more than 103,000 tons, an increase of 35 percent compared to the same period in 2021. The Chinese Embassy reported that the Cambodia imported more than 56,000 tons of rice to China, which is an increase of 49.8 percent compared to the same period in 2021. Khmer Times