Cambodia, U.S. Boost Cooperation in Garment Sector

Cambodia and United States of America continue to discuss cooperation to further improve the supply and demand sides of garment sector between the two countries.

H.E. Ith Samheng, Minister of Labor and Vocational Training, yesterday represented Cambodia to talk on the issues with U.S. Ambassador to Cambodia H.E. William A. Heidt at the ministry office here in Phnom Penh.

In his media interview right after the meeting, H.E. Ith Samheng highlighted mutual appreciation between Cambodia and the U.S. for the growth of the sector despite some concern over Cambodia’s competitive advantage and the implementation of Trade Union Law.

From the supply side, Cambodia is expecting health and retirement insurances for garment factory workers next year and the following year respectively.

As for the demand, the U.S. has been ranked the second largest market for Cambodia’s garment products.

According to the minister, since the 1999 bilateral agreement, garment manufacturers has increased from about ten to more than one thousand – employing 720,000 workers and exporting US$6 billion worth products..

Source: AKP