Cambodian, Chinese Firms Sign Cassava Purchase Agreement

The China National Food Industry (Group) Corp and Cambodia’s Le Ye Rubber Co. on Sunday signed a cassava purchase deal. The agreement was signed between Cai Yongfeng, the president of China National Food Industry Group, and Gao Hong Zhi, CEO of Le Ye Rubber Co. “If the quality of Cambodian cassava chips is standard enough for [the] Chinese market, we will purchase up to one million tons of dried cassava chips a year from Cambodia,” Cai said.

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