Vietnam Extends Duty Free Import From Cambodia

Vietnamese government has decided to extended its suspension of duty on rice imported from neighboring Cambodia until 2009, with tax-free limits likely to be raised by one-third to 200,000 MT next year.

Both countries are members of the World Trade Organization and many Vietnamese farmers work in Cambodian rice fields or buy the grain from there to offset a domestic shortfall during the period between crops.

 Vietnam has allowed Cambodian rice to be imported without tax since 2006.