Thursday, September 06, 2007

32 Cambodian business entities to attend 4th China-ASEAN Expo

2007-09-06

Thirty two Cambodian corporations and business groups have confirmed to attend the 4th China-ASEAN (the Association of Southeast Asia Nations) Expo to beheld in October in China, local media reported on Thursday.

The participants include the Garment Manufacturers Association of Cambodia (GMAC), the Chinese Chamber of Commerce in Cambodia, the China Hong Kong and Macao Expatriate and Business Association of Cambodia, the Canadia Bank PLC., the Lao Hang Heng Wine Co., Ltd and the Phnom Penh Special Economy Zone, Chinese-language newspaper the Commercial News said.

There will be many Cambodian productions on display during the expo, including the Angkor Beer, Cambodian silk art ware, wood carving, stone carving and tourism souvenirs, it said.

More than 200 people from Cambodia will attend the expo, taking 60 booths, it added.

The trade volume between China and Cambodia in 2006 stood at 733 million U.S. dollars, 30.1 percent higher than 2005, and China had been Cambodia's largest investor country from 2003 to 2005, according to official figures.

The China-ASEAN Expo is held annually in Nanning, China, to facilitate China-ASEAN trade and economic cooperation. China and ASEAN have agreed to build up a free trade zone before 2010.

Source:Xinhuanet

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