General

Thai-Cambodian Business Council joins Thai private sector to expand more joint trade

Thai-Cambodian Business Council (Thailand-Cambodia Business Council: TCBC) joins forces with the Thai private sector to hold a seminar “Future Direction of Trade and Investment Opportunities in Cambodia 2023” with Mr. Kriangkrai Thiennukul, Chairman of the Joint Committee of 3 private sector institutions (KorKor.) as the chairman. Ready to open the event Together with Mr. Sanan Angubolkul, Chairman of the Board of Trade of Thailand and Board of Trade of Thailand Attend and welcome

Mr. Sanan Angubolkul, Chairman of the Board of the Thai Chamber of Commerce and Board of Trade of Thailand, said that This seminar was to reflect the close relationship and cooperation between Thailand and Cambodia. Since there is a Cambodian Minister of Commerce along with a high-level Cambodian government delegation attended the event It is therefore a great honor that Cambodia is a country that has experienced significant growth in infrastructure development over the past 10 years due to the government’s economic development policy and openness to foreign investment. As a result, urbanization grew rapidly.

Thailand is a neighboring country and an important trading partner of Cambodia. And Thailand still wants to increase trade and investment cooperation in Cambodia. Currently, Cambodia has important new legislation. This will help support business between the two countries and attract more investors from Thailand to invest. in terms of trade and exports Cambodia is still an important market for Thailand. In 2022, Thailand and Cambodia had a total trade value of 340,721 million baht and a border trade value of 198,315 million baht, an increase from the previous year of +17.24%. that the situation of trade and investment between Thailand and Cambodia in the future There will be more and more expansion.

However, with the factors from the COVID-19 situation improving until returning to normal And because Cambodians like to consume and use Thai products a lot already Both movies and dramas, which are Soft Power, are loved by Cambodians. With the influence of love and with the quality of Thai products This is an opportunity for Thai investors to expand their investment in Cambodia. Therefore, with the determination and cooperation of all parties. I believe that the cooperation between the Thai private sector and the Cambodian government will enhance and increase the economic value between the two countries.

Mr. Woratat Tantimongkolsuk, Chairman of the Thai-Cambodian Business Council added that On behalf of the Thai-Cambodian Business Council which the seminar To provide knowledge and insights on doing business with Cambodia during the post-COVID-19 pandemic, both the current situation and the economic outlook of Cambodia. Including Cambodia’s new important trade, investment and consumer protection laws. by the cooperation of both parties This will help promote the balance of trade between the two countries. Let Thailand and Cambodia join hands to create further economic prosperity together.-Thai News Agency

Source: Thai News Agency