Hun Sen Says Gov’t Will Not Regulate Rice Prices As Farmers Decry Lowering Profits

In 2016, the government also initiated a plan to nationalize almost all major markets across the country, on account of elections in 2017 and criticism for market vendors about past management.

Prime Minister Hun Sen said his government will not intervene to prop up rice prices, saying Cambodia was not a “communist country” and that the open markets will determine rice prices.

Speaking at a graduation ceremony in Phnom Penh, Hun Sen said farmers growing high quality rice were getting the same prices as last year, and those farmers complaining of low prices were selling subpar quality paddy.

“The Ministry of Agriculture…has already explained why the price of rice is falling. It has its reasons,” Hun Sen said.

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