September 20, 2021

Cambodia, India Pledge to Boost Bilateral Trade

Cambodia and India have pledgd to continue fostering their relations and their cooperation, especially in the economy and trade sectors in order to increase trade and investment volume to the next level.
The commitment was reaffirmed by H.E. Pan Sorasak, Minister of Commerce, and H.E. Dr. Devyani Uttam Khobragade, Ambassador of India to Cambodia, during their meeting here recently.
H.E. Pan Sorasak informed his guest about Cambodia’s potential agricultural products which meet the needs of India’s market. He also asked India to increase more investments in Cambodia in the fields of technology and infrastructure, and to increase the import of agricultural machinery.
H.E. Dr. Devyani Uttam Khobragade agreed with the minister’s request for more businesses and investments from India and mentioned about the organisation of business matching forum between both parties in the near future.
The two side also exchanged views on international trade progress both in bilateral and regional frameworks. They noticed subsequent development of bilateral trade exchange and agreed to strengthen the trade ties to the next level, particularly toward the establishment of a free trade agreement between Cambodia and India.

Source: Agency Kampuchea Press

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