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Home ASIA Cambodia

Cambodia bilateral trade with U.S. grew despite COVID-19 crisis, achieving $4billion in 1st seven months

October 7, 2021
in Business, Cambodia, National
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Cambodia bilateral trade with U.S. grew despite COVID-19 crisis, achieving $4billion in 1st seven months
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Cambodia bilateral trade with U.S. continue to grow even though the COVID-19 crisis has been affecting trade and lifestyle of countries around the world.

The remarks were made during a meeting between Pan Sorasak, Minister of Commerce and W. Patrick Murphy, Ambassador of America to Cambodia, to discuss bilateral trade and investment cooperation.

According to the Minister, the two-way trade reached over $4 billion in the first seven months, up more than 37 percent compared to the same period in 2020.

Sorasak recalled the agreements on trade relations and intellectual property reached by both countries in 1996, and welcomed the creation of Ford Motor Cambodia’s assembly plant in Pursat province which will provide Cambodian people with job opportunities and technical transfer, and the opening of the first U.S. Department of Agriculture (USDA) office in Cambodia to support growing agricultural trade between the two countries.

Besides, he informed the U.S. diplomat about the progress of the COVID-19 vaccination campaign in Cambodia and thanked the American government and people for their donation of over 1 million doses of Johnson & Johnson vaccine to Cambodia via COVAX Facility.

Ambassador Murphy pledged to continue helping Cambodia in the fight against the COVID-19 pandemic and expressed the U.S.’ support for Cambodia’s chairmanship of ASEAN in 2022.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: CambodiaCambodia bilateral tradeCambodia bilateral trade with U.S.Pan SorasakPursat
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