The Ministry of Commerce has vowed to uncover more markets for Cambodian products to help buffer against price fluctuations caused by the Kingdom’s dependency on neighboring countries.
In a
response to concerns raised on social media, Commerce Minister Sun Chanthol
wrote on the ministry’s official Facebook page on Saturday that the government
is taking the issue seriously. He wrote that he has made official visits to
countries, including Japan, Belarus, Myanmar, the Philippines, France and
Canada to discuss buying and investing in Cambodian products, with a focus on
agriculture.
He also
plans to discuss with China, Hong Kong, Malaysia, Korea, the Middle-East and
Africa for direct export of Cambodia’s local products without having to go
through a middle man or through the neighboring countries such as Vietnam and
Thailand.
Ken Ratha,
spokesman from the Ministry of Commerce, said the plan of market
diversification is to initially focus on Cambodia’s top products including
rice, cassava, corn, sesame, silk, pepper and soy bean.
Source:
http://www.phnompenhpost.com/business/gov%E2%80%99t-continues-seek-new-markets
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