Cambodian Minister of Commerce To Promote Travel Goods in Hong Kong

Cambodian Minister of Commerce H.E. Pan Sorasak will depart for Hong Kong soon to promote the travel goods investment after the Kingdom got Duty Free Access for Travel Goods from the U.S.

Speaking in a recent meeting with provincial commerce officials in Koh Kong, a coastal province of Cambodia, last week, H.E. Pan Sorasak said he will be accompanied by U.S. Ambassador to Cambodia H.E. William A. Heidt and Cambodian businessmen.

In late June, the U.S. Trade Representative (USTR) announced that travel goods, including luggage, backpacks, handbags, and wallets made in Cambodia will be exported to U.S’ market duty free, under the Generalized System of Preferences (GSP).

This GSP expansion will not only give Cambodia preferable access to the US$10 billion U.S. import market in travel goods; it will also encourage further development of Cambodia’s textile industry into profitable new areas of production.

Source: Agence Kampuchea Press