PH President, Cambodia PM Witness Signing of Region-Wide Private Sector Mous on Agri and MSME Development
September 9, 2023
The new Cambodian Prime Minister Hun Manet joined Philippine President Ferdinand Marcos Jr. as the ASEAN Business Advisory Council Philippines signed last September 5, 2023, Memoranda on Understanding (MOUs) on Agriculture and MSME Development with Cambodia and other ASEAN countries including Brunei, Singapore, Laos, Myanmar, Malaysia, and Indonesia. Thailand and Vietnam are also expected to join soon.
The MOUs explore collaborations for potential agriculture, agriculture technology, food security, agripreneurship business models and value chain development among small, medium and large farmers, enterprises, and with government entities. The partnerships are patterned after the Kapatid Angat Lahat sa Agri Program (KALAP) which aims to integrate small farmers into the value chain of large agri companies, also called “big-brother companies” under the KALAP program.