Agriculture

Ranking officials from the two countries discussed about exploring agricultural trade prospects during a meeting on 26 July.

This entails introducing climate-resilient land, soil, and water management systems, engaging the private sector along the value chain, and introducing digital services.

Venture is part of a project to improve the market access of farmers and fisherfolks across BIMP-EAGA.

The 4th BIMP-EAGA ROK Senior Officials Meeting in July approved 11 projects for funding under the third grant cycle of the BIMP-EAGA–Republic of Korea Cooperation Fund (BKCF).

This entails shifting to greener farming practices, adopting the circular economy model, and protecting the well-being of farming communities.

The leaders touted BIMP-EAGA’s achievements and resilience after almost 3 decades of cooperation.

Priority projects include renewable energy, green enterprises, sustainable tourism, low-carbon transport, and high-quality agro-fisheries production.

Leaders want countries to brace for headwinds from COVID-19, supply chain disruptions, food shortage, climate change, and other threats.

At the Cambodia summit, leaders agreed to develop a roadmap of regional actions to implement social security portability by 2030.

 Agrifood systems must become more resilient and deliver affordable, nutritious foods.