Cambodian fruit exports to China slump, turn to South Korea for investment

According to the Phnom Penh Post, due to the impact of the new crown epidemic, Cambodian fruit exports to China have fallen into a slump, and the Cambodian Ministry of Commerce has called on South Korean companies to invest in the establishment of mango, banana and longan processing plants. Cambodian Minister of Commerce Pan Sorasak held a meeting with the Korea Importers Association (KOIMA) on May 3. Minister Pan Sorasak urged companies from Southeast Asian countries to encourage Korean investors to set up agro-processing factories in Cambodia to produce products that meet the strict standards of Korea and other countries. Jang Gyu-hwa, vice president of the Korea Importers Association, pointed out that nearly 15,000 member companies of the association have been investing in various fields in Cambodia and South Korea. South Korea has a particularly strong demand for Cambodian mangoes, and the association aims to import at least 10,000 people from Cambodia every year. tons of ...