PHNOM PENH: The Agricultural and Rural Development Bank (ARDB) has reaffirmed its commitment to supporting and promoting the export of Cambodian rice to the Chinese market during a working meeting with China’s state-owned company COFCO Grains in Beijing.
On Mar. 9, H.E. Dr. Kao Thach, Delegate of Royal Government of Cambodia in charge as CEO of ARDB, together with Oknha Lay Chhun Hour, President of the Cambodia Rice Federation, held discussions with COFCO Grains at the company’s headquarters in Beijing, the People’s Republic of China.
The discussions focused on strengthening the production capacity and quality of Cambodian rice for export. ARDB and the Cambodia Rice Federation will work together as key partners to cooperate with relevant stakeholders in advancing this objective.
ARDB will also facilitate cross-border settlement arrangements to support smoother financial flows in the export trade of Cambodian rice to China.
During the meeting, COFCO Grains pledged to help promote Cambodian rice and continue boosting its import into the Chinese market.