Vietnam agreed to help Cambodia develop the cashew industry


(17/1/2018) Vietnam agrees to help Cambodia develop cashew sector

Views of the signing ceremony.

In the afternoon of January 17, in the capital Phnom Penh (Cambodia), Chairman of Vietnam Association of Cashew (VINACAS) Nguyen Duc Thanh and Minister of Agriculture, Forestry and Fisheries Veng Sakhon signed a Memorandum of Understanding (MOU) on cooperation. Promote cashew production in Cambodia for export.

The objective of this cooperation agreement, as proposed by the Ministry of Agriculture, Forestry and Fisheries of Cambodia, is to expand the area, increase productivity of cashew production, transfer technology post-harvest, help market access, investment , research and development of cashew growing in Cambodia.

Under the agreement, VINACAS will be responsible for the supply of cashew varieties, technical assistance and the purchase of all cashew nut yields at negotiated prices from contract farmers participating in the implementation of the MOU.

VINACAS will also mobilize financial and technical resources from its members to enhance research and development of cashew cultivation in Cambodia; Mobilize the support of members to invest in the cashew industry in Cambodia to improve the quality and productivity of cashews, reduce postharvest losses and increase cashew nut value in Cambodia.

At the signing ceremony, Minister Veng Sakhon gave his speech, expressed his pleasure and thanked the Vietnamese through VINACAS for their interest in cooperating and supporting Cambodia to develop the cashew industry. live and increase income for Cambodian people.

Speaking at the signing ceremony, Vietnam Ambassador to Cambodia Vu Quang Minh highly appreciated this cooperation agreement will contribute significantly to strengthening the relationship between Vietnam and Cambodia. .

Currently, Cambodia has more than 100 thousand hectares of cashew nut with more than 100 thousand tons of raw cashew nuts, most of which are sold to Vietnam. With abundant land resources, Cambodia aims to expand cashew growing area to yield one million tons of raw cashew nuts in the next 10 years.


Source: Nhan Dan Newspaper