Logo of Phnom Penh Post newspaper Phnom Penh Post - East Timor rice exports ready to roll

East Timor rice exports ready to roll

Content image - Phnom Penh Post
East Timor will soon begin importing Cambodian rice for the first time. YOUSOS APDOULRASHIM

East Timor rice exports ready to roll

Cambodia is prepared to export 30,000 tonnes of milled rice to East Timor soon, which will open a promising new market for the rice sector.

At an April 17 meeting with the Green Trade Company, under the Ministry of Commerce, and the Cambodia Rice Federation (CRF), Ambassador of East Timor to Cambodia Ermenegildo ‘Kupa’ Lopes proposed a plan for the Kingdom to start exporting rice to East Timor.

At a meeting with Lopes on Tuesday, Minister of Commerce Pan Sorasak said Cambodia was now ready to start the project.

He said: “Cambodia has already prepared 30,000 tonnes of rice for export to East Timor and has asked it for feedback.”

He also urged East Timor’s private sector to invest in a rice mill in the Kingdom.

Lopes said East Timor is intent on importing rice from Cambodia and added that East Timor could export crops to the Kingdom as well.

He also mentioned that his country could provide 3,000 fuel sector jobs to Cambodians.

CRF president Song Saran told The Post on Wednesday that Cambodia has enough white rice stockpiled to meet East Timor’s demand.

He said: “With the efforts of the Cambodian government, we hope that East Timor will become a new strong market for Cambodian rice exporters.”

He added that East Timor has never bought rice from Cambodia and historically relied on Vietnam to satisfy its demand.

CRF board chairman Hun Lak told The Post in April that East Timor had first offered to buy rice from Cambodia to prevent a food shortage due to Covid-19. The country has yet to specify an amount.

Lak said the government had requested East Timor to send a letter to the Ministry of Foreign Affairs and International Cooperation outlining the specifications of their order.

At a meeting with Lopes on May 27, Prime Minister Hun Sen said Cambodia wants East Timor to set up a representative office for its rice-purchasing companies in the Kingdom.

He said he wanted the companies to build warehouses, factories and silos as well as establish purchasing channels to facilitate rice exports to East Timor.

Rice export reports show that in the first five months of this year, Cambodia exported 356,097 tonnes of rice to the international market, a 42.34 per cent year-on-year increase.

Last year, the Kingdom exported 250,172 tonnes of rice worth $241 million.

East Timor imported 6,800 tonnes of rice in the first two months of this year, around 5,000 tonnes less than the year-ago period, Port Authority of Timor-Leste data shows.

MOST VIEWED

  • ‘Kingdom one of safest to visit in Covid-19 era’

    The Ministry of Tourism on January 12 proclaimed Cambodia as one of the safest countries to visit in light of the Kingdom having been ranked number one in the world by the Senegalese Economic Prospective Bureau for its success in handling the Covid-19 pandemic. In rankings

  • Ministry mulls ASEAN+3 travel bubble

    The Ministry of Tourism plans to launch a travel bubble allowing transit between Cambodia and 12 other regional countries in a bid to resuscitate the tourism sector amid crushing impact of the ongoing spread of Covid-19, Ministry of Tourism spokesman Top Sopheak told The Post on

  • Reeling in Cambodia’s real estate sector

    A new norm sets the scene but risks continue to play out in the background A cold wind sweeps through the streets of Boeung Trabek on an early January morning as buyers and traders engage in commerce under bright blue skies. From a distance, the

  • Quarantine site in north Phnom Penh inaugurated

    A four-building quarantine centre in Phnom Penh’s Prek Pnov district was formally inaugurated on January 6. The centre can house up to 500 people, according to Phnom Penh municipal governor Khuong Sreng. At the inauguration ceremony, Sreng said the municipal hall had cooperated with the Ministry

  • More than 5K workers rush from Thailand amid outbreak

    Following the recent outbreak of Covid-19 in Thailand’s Samut Sakhon province, Cambodian migrants working in Thailand were gripped by worry over the situation and many rushed to return to their homeland. Over the past 10 days, more than 5,000 migrant workers have returned from Thailand through

  • ‘Beware of WhatsApp fraudsters’

    The Ministry of Posts and Telecommunications warned members of the public who use WhatsApp to vigilantly guard against a new trick employed by hackers that involves the use of six-digit codes sent to potential victims via the popular messaging app. The ministry said hackers could