Climate change has left a bitter taste for the Kampong Speu palm sugar trade, leading to an estimated 50 per cent drop in production this year despite an upturn in market demand.
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Kampong Speu palm sugar market to sweeten
Thu, 10 December 2020
The Kampong Speu palm sugar market will only get sweeter next year on the back of a perceived uptrend in demand from Europe.
The Ministry of Commerce granted domestic geographical indication (GI) to the commodity in 2010 under the World Trade Organisation’s (WTO’s) agreement on Trade-Related Aspects of Intellectual Property Rights.
And on April 2 last year, the European Commission (EC) announced that it would join Kampot pepper in its registry of protected GIs (PGIs), after the fruit was awarded the status on February 18, 2016.
Any product sold in EU countries purporting to be “Skor Thnot Kampong Speu”, as it was registered, must carry the “EU PGI logo” which certifies that it originates from either Kampong Speu province’s Oudong or Samrong Tong districts, or Kandal province’s Ang Snuol district, the EC said in a statement.