Cambodia Has 6 Trade Centres in China

AKP Phnom Penh, Cambodia has in total six trade centres in China – the channel optimistically foreseen to expand two-way trade volume at US$5 billion between the two countries in 2017.

The information was shared recently by Minister of Commerce H.E. Pan Sorasak after the signing ceremony of a memorandum of understanding to strengthen the economic, commercial and tourism cooperation between both countries here in Phnom Penh.

The productivity of the trade centres will be boosted by the newly signed agreement, said H.E. Pan Sorasak.

China is Cambodia’s first top trade and investment partner, he underlined adding that as of June 2016, the country’s foreign direct investment in Cambodia was US$1.2 billion, while the two-way trade volume was over US$2.3 billion – an increase by 10.2 percent compared with the same period of previous year.

Other key driving forces to further promote the trade between Cambodia and China by the Ministry of Commerce include trading master plan preparation, formation of working groups to handle potential trade conflicts and the establishment of more trade and information centres in different provinces of China.

Source: Agency Kampuchea Press