AreaCambodia
Commodity GroupRice
CommodityAll
Date30/03/2016
Policy CategoryTrade
Policy InstrumentExport promotion, credit, tax policy
DescriptionAnnounced 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 sectors 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.
