Cambodia, Nepal Sign Deals To Boost Bilateral Trade, Investment

PHNOM PENH, Cambodia, Cambodia and Nepal signed two pacts, to boost bilateral trade and investment, a Cambodian senior official said.

Cambodian Prime Minister, Samdech Techo Hun Sen and visiting Nepalese Prime Minister, K.P. Sharma Oli, presided over the signing ceremony, after holding a bilateral meeting in Phnom Penh, said Kao Kim Hourn, a minister attached to the Cambodian prime minister.

According to the minister, during the meeting, the two sides agreed to work together to enhance bilateral cooperation in all fields, especially in economics, trade, investment, tourism and culture.

Trade and investment volumes between Cambodia and Nepal are currently relatively small. On the tourism side, some 3,100 Nepalese visitors came to Cambodia in 2018, a 10-percent rise year-on-year, according to Cambodian tourism data.

Oli arrived in Phnom Penh on Monday, for a three-day visit.

Source: NAM News Network