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.

Cambodia-Thailand trade volume tops 1 bln USD

May 22, 2007

The trade volume between Cambodia and Thailand reached 1.279 billion U.S. dollars in 2006, 34.4 percent higher than 2005, local media quoted Cambodian Minister of Commerce Cham Prasidh as saying on Tuesday.

This is a remarkable and proud trade volume between the two countries, Cambodian language newspaper Kampuchea Thmey Daily quoted Cham Prasidh as saying.

The good trade relations between Cambodia and Thailand resulted from the border-crossing trade agreement which was approved between the two countries in February 2006, Cham Prasidh added.

Recently, Thailand has provided 340 kinds of products for selling in Cambodia without having to pay tax or paying very low tax, he said at a Thai Products Fair held in Phnom Penh from May 19 to 22.

High quality and luxurious products from Thailand are popular in Cambodian market, including construction materials, cosmetics, household goods, food, clothes, stationery, decoration materials and souvenir, the newspaper said.

Source: Xinhua