Bangladesh and Cambodia ink rice procurement deal.

Bangladesh and Cambodia have signed a rice purchasing agreement two week after striking a Memorandum of Understanding (MoU) in this regard. The two countries inked the MoU in Phnom Penh early this month. Bangladesh will import 250,000 tonnes of milled rice from Cambodia under the agreement signed on 14 august. The purchasing agreement was made after the officials from Cambodian state-owned Green Trade Company and the Cambodia Rice Federation (CRF) flew to Bangladesh last week to negotiate in details based on the government-to-government MoU. Bangladesh was interested in Cambodian rice and wanted to have a relationship with the country. After Bangladesh signed a MoU with Cambodia on August 2, he said, officials from the CRF and Green Trade flew to Bangladesh to negotiate directly.