Cambodian Prime Minister Hun Sen met Bangladesh Prime Minister Sheikh Hasina on the sidelines of the 77th United Nations General Session in New York City, USA on September 23. Photo: Collected
Cambodian Prime Minister Hun Sen has invited Bangladeshi
companies to invest in Cambodia's rice processing warehouses and rice mills for
export to Bangladesh while encouraging the South Asian country to increase the
kingdom's rice imports.
The Prime Minister of Cambodia met with the Prime Minister
of Bangladesh, Sheikh Hasina, on the sidelines of the 77th session of the
United Nations General Assembly (UNGA) in New York City, USA on September 23.
Hun Sen
said that Bangladesh has imported about 200,000 tonnes of rice from Cambodia.
“What I suggested during our discussion is to increase rice exports from Cambodia to Bangladesh. I also invited Bangladeshi companies to invest in rice processing warehouses and rice mills – for export to Bangladesh,” he said, in a social media post.
According to the post, Hasina has
asked the private sector of Bangladesh to invest in Cambodia in the
agricultural sector, especially in rice production and processing. She told Hun
Sen that Bangladesh has a large population but a small land mass, which is
not favorable to farming due to flooding risks, hence the need to buy rice from
other countries.
“We can find agreement with each
other, and have worked together to be able to develop and strengthen mutual
trade,” the post quoted Sheikh Hasina as saying.
She intended to push for a free
trade agreement between the two countries to boost exports and increase
opportunities.
Hun Sen agreed that it is
necessary to start negotiations on a free market agreement to boost trade
growth between the two countries.
“We already have free market
agreements with China and South Korea. Through this potential agreement, we
could increase the trade volume of our two countries. It is also an opportunity
for Bangladesh to develop and strengthen relations with ASEAN,” he added.
|Source: Online/KSU
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