Trade and markets
 

Detail

Area
Cambodia
Commodity Group
Rice
Commodity
All
Date
30/03/2016
Policy Category
Trade
Policy Instrument
Export promotion, credit, tax policy
Description
Announced that in order to aid the sector cut production costs, the 10 percent value added tax levied on unprocessed rice would soon be abolished and that measures would be taken against entities labelling imported rice as Cambodian. Officials would also take into consideration rice sector’s requests for credit assistance to help processors cover the cost of local purchases. Negotiations with Thai officials were also being pursued to enable Cambodian rice to be exported via the Thai Lam Chabang port.