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Home ASIA Cambodia

Australia comes to Cambodia’s help

May 18, 2020
in ASIA, Business, Cambodia, National
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Australia comes to Cambodia’s help
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Australian government is studying the new project to help Cambodia’s economy development, trade facilitate and diversification, according to Australian Ambassador to Cambodia.

In the meeting with Pan Sorasak, Minister of Commerce on Tuesday, Mr. Pablo Kang, an Australian Ambassador to Cambodia said the new project study, focusing on trade facilitate and diversification will be finished by 2021.

He said so far, the Australian government has helped the Ministry in term of trade facilitate including the pushing the development of online business and preparing the draft of competitive law.

Minister Pan Sorasak has expressed thankful for Australian government who always provide aid to the country and he asked Australia continue to assist Cambodia as well.

Cambodia and Australia is also a partner of Regional Comprehensive Economic Partnership (RCEP) in framework of Asean-Australia and New Zeeland (AANZ).

Pablo Kang said that Cambodia and Australia is also looking to expend the bilateral trade as well. He said an Australian company is eyeing investment opportunity in the Kingdom’s rice production chain to export to Australia market.

Last month, Australian Ambassador Pablo Kang met Cambodian Minister of Agriculture, Forestry and Fisheries HE Veng Sakhon to discuss strengthening agricultural exports and how Australia can assist boosting local food security and rural incomes.

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

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