The Cashew nut Association of Cambodia (CAC) requested that relevant authorities speed up the implementation of a national cashew nut policy amid unfavourable weather conditions that experts predict will lower Cambodia’s overall cashew output for 2023.
Japanese firm Top Planning Japan Co Ltd’s (TPJ) apparent interest in investing in facilities in Battambang province to convert cashew nut shells into fuel and process the fibre-rich seeds for export has been greeted with much enthusiasm among local authorities
The third and final inter-ministerial meeting on the National Policy on Cashew Nuts for 2022-2027 concluded on November 25, and the document will now be submitted to the Council of Ministers, or Cabinet, for review, according to the Ministry of Commerce.
The newly-launched Cambodia Cashew Federation (CCF), combined with the upcoming National Policy on Cashew Nuts for 2022-2027, is expected to boost exports of the popular kidney-shaped nuts, keeping annual totals above $1 billion each year, observers have said.
Cambodia has resumed the formal export of processed cashew nuts to Japan following a nearly half-year hiatus due to regulatory issues on the Japanese side, according to the owner of the Kingdom’s sole exporter of the edible seeds to the East Asian market.