Processed cashew exports to EU officially begin

Processed cashew exports to EU officially begin

 
Cambodia’s processed cashew nuts are being officially exported to the European market for the first time by MIRARTH Agri Tech Co Ltd, marking a significant milestone.

This achievement highlights the country’s growing ability to meet EU standards. According to the company, it aims to export 250 tonnes of processed cashew nuts to Europe by the end of 2024.

On November 21, MIRARTH celebrated the inaugural export of its processed cashew nuts to the EU. The ceremony was attended by Samheng Bora, secretary of state at the Ministry of Commerce and chairman of the Export Promotion Task Force, along with a delegation from the commerce ministry, Touch Bun Hour, secretary of state at the Ministry of Agriculture, Forestry and Fisheries, leaders from Kampong Thom province and representatives from the Cashew nut Association of Cambodia (CAC).

The commerce ministry stated that this milestone reflects the potential of the country’s cashew processing sector.

“This momentous occasion underscores the ministry’s tireless efforts in identifying and securing international markets for Cambodian products. Through the Export Promotion Task Force and the newly established Export Service Centre – accessible to all interested stakeholders – the ministry continues to support Cambodian companies in achieving export readiness,” the ministry announced.

CAC president Uon Silot confirmed to The Post on November 25 that this is the first time processed Cambodian cashew nuts have been officially exported to the EU.

He said that MIRARTH, a Japanese-invested company, operates a factory in Chey village of Kampong Thom province’s Kampong Svay district with an annual processing capacity of 15,000 tonnes.

Silot noted that growing international demand for cashew nuts has spurred the establishment of more factories and processing businesses in recent years.

He said foreign investors, particularly from China and South Korea, have been collaborating with the CAC to explore opportunities for expanding processing capacity to meet export demands.

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Reporter: Hin Pisei
Publication date: 25 November 2024
Source: The Phnom Penh Post

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