PHNOM PENH: Timor-Leste will buy 4,000 tonnes of milled rice from Cambodia for the first time under the state mechanism after the two countries signed a memorandum of understanding on rice trade on Oct. 20, 2022.
A contract on the rice purchase was inked here on Nov. 15 during a working meeting between H.E. Chan Sok Ty, President of Green Trade Company of the Ministry of Commerce, and a delegation from Timor-Leste, led by Mr. Anibal Carvalho Muniz, Senior Representative of the Ministry of Economic Affairs of Timor-Leste, and colleagues from the National Logistic Centre (CLN).
Ambassador of Timor-Leste to Cambodia H.E. Ermenegildo Kupa Lopes was also present on the occasion.
The meeting was aimed at exploring the potential for rice trade cooperation and negotiating technical terms for export to Timor-Leste.
H.E. Chan Sok Ty confirmed that this is to open more new markets for Cambodia in the rice sector, and the Ministry of Commerce will continue to seek new markets in this field.
