Prime Minister Hun Sen urged Bangladeshi investors to invest in the rice sector in Cambodia by building rice mills and buying rice from Cambodian farmers to export to Bangladesh.
Hun Sen met with Bangladeshi foreign minister Abdul Momen on July 15 during Momen’s two-day visit to the Kingdom.
During the meeting, Momen spoke about Bangladesh’s intentions to increase cooperation with Cambodia in various sectors, especially commerce and food security in particular as a response to increasing food prices.
“[Hun Sen] requested that [Momen] urge Bangladeshi investors to invest in Cambodia by building rice mills and buying rice from Cambodian farmers and then storing, milling and exporting it to Bangladesh or by working with Cambodian farmers to implement agriculture cooperation projects based on contracts,” said the prime minister’s Facebook post.
Yong Kim Eng, president of the People's Centre for Development and Peace, said that trade relations between Cambodia and Bangladesh are not very strong currently, but support for each other on an international level could be of significant help in advancing the two countries’ mutual interests.