September 26, 2022

Cambodia, Australia Glorify Trade and Investment Cooperation

Cambodia and Australia have expressed their satisfaction with and reaffirmed their commitment to further enhance their bilateral cooperation, mainly in trade and investment sectors.
The remarks were highlighted during a meeting between H.E. Pan Sorasak, Minister of Commerce, and H.E. Pablo Kang, Ambassador of Australia to Cambodia, at the ministry office in Phnom Penh on July 26.
Both sides exchanged views on the progress of cooperation under the Mekong-Australia Partnership (MAP), particularly in the competition and consumer protection sector between the General Department of Consumer Protection, Competition and Fraud Repression (CCF) of the Ministry of Commerce of Cambodia, the National Committee for Consumer Protection (NCCP), and the Australian Competition and Consumer Commission (ACCC).
H.E. Minister mentioned about high-level dialogues between CCF, NCCP, and ACCC, and training workshops, capacity building for investigating officers of CCF, and the like.
H.E. Pan Sorasak also thanked Australia for its support for Cambodia’s ASEAN Chairmanship in 2022, especially for the key economic deliverables to be achieved during Cambodia’s chairmanship as well as the good cooperation under the ASEAN Economic Community pillar such as negotiations for ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) Upgrade, implementation of Regional Comprehensive Economic Partnership Agreement and so on.
For his part, H.E. Pablo Kang spoke highly of the key economic deliverables, which have reflected responses to global developments, basically of all parties’ endeavours in the AANZFTA Upgrade negotiations, a priority for ASEAN-Australia-New Zealand cooperation this year.

Source: Agency Kampuchea Press

Leave a Reply