Philippines pledges to boost investment in Kingdom’s rice, pepper sector
Philippines pledges to boost investment in Kingdom’s rice, pepper sector
The Philippines is committed to boosting investment in Cambodia’s rice and pepper sector for export to the Philippine market.
Flerrida Ann P. Mayo, Philippine Ambassador to Cambodia, made these remarks during a meeting with Dith Tina, Minister of Agriculture, Forestry, and Fisheries in Phnom Penh, on Wednesday.
Mayo said the Philippine side urged Cambodia to continue to strengthen diplomatic cooperation and investment in agriculture and agro-industry between the two countries.
“The new Philippine Ambassador to Cambodia expressed her strong commitment to attracting Filipino investors to invest in agriculture in Cambodia. In particular, the rice and pepper sector exports to the Philippine market, which is one of the largest rice import markets in the region,” the ministry said in a statement.
Regarding the Philippine Ambassador’s commitment to boost investment in the rice sector, Tina asked the Philippine delegation to cooperate with the Cambodian Rice Federation and encourage to study of sanitary, phytosanitary and legal procedures between the two countries.
Cambodia has started exporting milled rice to the Philippines in 2023.
In a separate meeting with Cham Nimul, Minister of Commerce, Flerida Ann Camille P. Mayo expressed satisfaction with the bilateral trade cooperation at both the bilateral and regional levels.
Both sides also exchanged views on further enhancing bilateral trade cooperation, in which they discussed ways to increase bilateral trade in goods and services.
The ambassador expressed the interest of the Philippine business community in doing business in areas such as education and training, franchising, healthcare and wellness, construction, food, manicuring, etc
