May 18, 2022

Cambodia, Korea Discuss Trade Potential

Cambodia and the Republic of Korea have discussed trade potential between both countries, mainly the import of Cambodian mangoes.

The discussion was made between H.E. Pan Sorasak, Minister of Commerce, Mr. Gyuhwa Jang, Vice President of Korea Importers Association (KOIMA) and Ms. Yu Lin, President of GADOSH Korea Co., Ltd., at the ministry office yesterday afternoon.

Mr. Gyuhwa Jang briefed the minister on the background of KOIMA, adding that the association consists of some 15,000 companies investing in all sectors.

For her part, Ms. Yu Lin informed H.E. Pan Sorasak about GADOSH’s intention to import at least 10,000 tonnes of mangoes from Cambodia per year.

In reply, H.E. Pan Sorasak spoke highly of the good relations between the ministry and KOIMA so far, and laid stress on the ministry’s effort in improving the business environment in Cambodia.

The minister further mentioned about the ministry’s readiness to support and facilitate businessmen in doing business in Cambodia, and encouraged the Korean side to study the possibility of importing other Cambodia’s potential agricultural products like longan and banana in addition to mango.

H.E. Pan Sorasak also suggested the Korean investors to invest in the creation of agricultural processing factories for export to international markets.

Source: Agency Kampuchea Press