On January 22, 2019
According to Khmer Times, the
president Xi Jinping of China has promised that China would buy 400,000 tonnes
of rice from Cambodia this year. This is a pledge of China’s president towards
Cambodia’s PM when he visited to China.
During the bilateral meeting between Cambodia’s Prime Minister, Samdech Hun Sen
and China’s Xi in Beijing, it is seen as the Cambodia’s PM visit to China is to
express international community as Cambodia does not have isolation in the
region and global.
The Beijing’s administration will increase the quota of rice import from
Cambodia in 2019 and boost the bilateral trade between the both countries to $
10 billion by 2023.
In the bilateral meeting between the both leaders in Beijing in last time,
China’s president Xi Jinping would give Cambodia Chinese Yuan $ 4 billion or $
600 million, from 2019 to 2021.
The relation between Cambodia and China is regarded by both leaders as it is
an important and a special relationship, and they would go on to work together
and cooperate both politics, economy, and security, and between people and
people.
China’s president Xi Jinping pledged towards PM Hun Sen’s face in Beijing as
China will buy rice more and more from Cambodia happened when the European
Commission imposed tariffs on rice imports from Myanmar and Cambodia.
Note that over a period of three years, the commission has made a decision
to reintroduce import duties, which would be steadily reduced. During the first
year, 175 euros ($199.5) per tonne will be levied, 150 euros ($171) in the
second year, and 125 euros ($142.5) in the last (Khmer Times, 2019).
By the International Relations
No comments: