[PHNOM PENH POST]
THE value of bilateral trade between Cambodia and South Korea has risen
38 percent in the first two months of this year, compared to the same
period of 2010.
Official figures from Korea Trade-Investment
Promotion Agency (KOTRA) showed trade had risen to US$69.05 million in
the first two months, up from $50.13 million the year prior. Cambodia’s
exports rocketed 65 percent to $10.18 million while Korean imports rose
to $58.87 million.
KOTRA’s official said the growth was mainly due to efforts by both governments to boost trade.
“Both
governments are trying to strengthen and facilitate the import-export
process,” said Gwang-Ho Lee, KOTRA’s general director.
“We have promoted many trade activities,” he added, stating that he will hold an export seminar next month.
Cambodia’s
main exports to Korea were crude rubber, agricultural products, apparel
and clothing accessories, ores and scrap metal. Korea’s main exports to
Cambodia consisted of raw materials for the garment industry, vehicles
and tobacco.
Trade between Cambodia-Korea rose more than 29 percent year-on-year in 2010 to $376.442 million, according to KOTRA’s data.
No comments:
Post a Comment