| Inquirer News

PH, Cambodia discuss rice supply amid El Niño threat

/ 07:02 PM March 04, 2024

(INQUIRER FILE PHOTO / GRIG C. MONTEGRANDE)

MANILA, Philippines — The meeting between President Ferdinand “Bongbong” Marcos Jr. and Cambodian Prime Minister Hun Manet will ensure a sufficient rice supply for the country even with the El Niño phenomenon’s possible effects, Speaker Ferdinand Martin Romualdez said on Monday.

In a statement, Romualdez said that the two leaders discussed several topics that would eventually enhance trade and investment between the two countries — including mutually boosting rice trade and tourism.

Article continues after this advertisement

 The meeting between Marcos and Manet happened on the sidelines of the Australian Prime Minister Anthony Albanese’ invitation for a special summit to commemorate 50 years of Association of Southeast Asian Nations (Asean) – Australia relations.

FEATURED STORIES

“By diversifying our sources of rice importation and strengthening partnerships with fellow ASEAN member states like Cambodia, we can mitigate the adverse effects of external factors such as climate change-induced phenomena like El Niño,” Romualdez, who is with Marcos in Australia, said.

 “While we are making significant strides towards achieving rice self-sufficiency, prudence dictates that we should provide contingency measures to ensure people would have adequate rice supply at the best possible price if our local production falls short of expectation,” he added.

Article continues after this advertisement

Romualdez said that while the Department of Agriculture has assured the administration that the country has enough supply of grains for the first half of 2024, prices may go up due to the possible effects of El Niño.

Article continues after this advertisement

Rice from Cambodia may address price concerns according to Romualdez.

“Cambodia has long been recognized for its expertise in rice cultivation and production, and its willingness to support the Philippines in addressing its rice supply concerns is deeply appreciated,” Romualdez said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Cambodia, rice

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.