Cambodian Agribusiness Seeks Chinese and European Market Access
Cambodia's Innovation and Development Investors Association (IDI) recently solidified a strategic partnership with Chongqing HongJiu, a prominent Chinese fruit importer, and Asia Cassava Holding, a major Chinese tapioca wholesaler and importer. The partnership, which was formalized during the 20th Cambodia-ASEAN Expo on September 17, aims to export agricultural products to China. Minister of Agriculture, Forestry and Fisheries Dith Tina has asked his Chinese counterpart to provide technical support to promote exports of three key commodities: milled rice, cashews and fish. Tina has also urged farmers in Banteay Meanchey and Pailin provinces to formally export their products to ensure better control and higher value.
In the first quarter of 2023, Cambodia exported nearly $1.4 billion in agricultural products to 53 markets, as reported by the Ministry of Agriculture, Forestry and Fisheries' General Directorate of Agriculture (GDA). The UN Industrial Development Organization (UNIDO) and Cambodia's Fisheries Administration (FiA) are collaborating to ensure Cambodian fishery products meet EU standards for access to the European market. They are also focused on targeting the high-end market due to increasing demand for Cambodian products that carry the Cambodia Quality Seal (CQS). Notably, UNIDO and FiA are actively working to facilitate the entry of Cambodian fisheries products into EU markets.