Africa | America | Asia | Australasia | Europe | India | Middle East | UK | US

Cambodian leader seeks to expand rice market to Gulf

Posted : Wed, 06 Aug 2008 07:14:32 GMT
Author : DPA
Category : World
News Alerts by Email ( click here )
World News | Home
Phnom Penh - Cambodian Prime Minister Hun Sen said Wednesday that he would visit the Gulf states of Kuwait and Qatar in January to discuss rice exports in a bid to corner the Gulf market. "Those countries have oil but no rice," he said in a speech carried on state radio during a rice-planting ceremony about 40 kilometres south-west of Phnom Penh. "I think the Gulf can become our rice market."

Cambodia has been exporting low-grade rice to African countries, such as Guinea, and is muscling its way toward being a major regional rice exporter.

His announcement came one day after Kuwaiti Prime Minister Sheikh Nasser al-Mohammed al-Ahmed al-Jaber al-Saba ended a three-day visit to Cambodia and discussed swapping his country's technical assistance for arable land for cultivation of quality rice for Kuwait.

Cambodia welcomed cash, not credit, Hun Sen said.

"We are a poor country, so when countries buy our rice they should pay, not owe money," the premier said.

That should not be a problem for oil-rich Qatar and Kuwait, both of whose prime ministers have visited Cambodia this year.

By 2015, the Cambodian government said, it hopes to export 10 million tons of the staple per year.

Copyright, respective author or news agency

Share/Save/Bookmark

Article : Cambodian leader seeks to expand rice market to Gulf
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More World News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.