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Turning Cambodia into a leading rice exporter (English)

The Cambodian Government has set itself an ambitious target of achieving annual milled rice exports of 1 million tons by 2015. In order to achieve this target, Cambodia will have to address several challenges that are currently preventing it from making the most of its rice exports. With only two years remaining, urgent reforms will be necessary if Cambodian rice is to establish a significant regional and world market share. Without such reforms Cambodian rice exports can be expected to suffer, as external factors combine to render Cambodian rice less attractive to foreign buyers. For instance, Cambodian rice cultivation costs have risen recently, while the re-entry of India into the global rice market as a major exporter has meant that world prices have fallen. The European Union (EU) is expected to shortly extend the same import duty preferences to Myanmar as those currently in place for Cambodia. Time is of the essence, therefore, in implementing reforms, if Cambodia is to maximize its potential as a rice exporter and achieve its stated export targets by 2015. This note looks and the issues and challenges and then goes on to offer not suggested recommendations that could be considered by the Government to help it achieve its aims.

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Turning Cambodia into a leading rice exporter (English). Cambodia policy note ; trade development Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/629171468213569516/Turning-Cambodia-into-a-leading-rice-exporter