Showing posts with label Trade deficit with Thailand. Show all posts
Showing posts with label Trade deficit with Thailand. Show all posts

Sunday, March 16, 2008

Trades Between Cambodia And Thailand Increased: Cham Prasidh [-Cambodia huge trade deficit with Thailand]

15th March 2008
By Sary Rath
Radio Free Asia

Translated from Khmer to English by Khmerization

Minister of Commerce, Mr. Cham Prasidh, has said on Friday that the volume of trades between Cambodia and Thailand had increased 10.56% in 2007, which worth US$1.404 billion in total.

During a launch of the Trade Expo of Thailand in Phnom Penh, which will run from 14th to 18th March, Mr. Cham Prasidh said that Cambodia exported goods to Thailand worth $US49 million per year.

The minister said that Cambodia is making great efforts to improve trades between the two countries.

He further said that Cambodia had provided an investment opportunity to Thai industries to set up shops and produce goods in Cambodia for exporting to countries that provide preferential treatments to Cambodian products.