[PHNOM PENH POST]
Representatives of38 South Korean firms met with counterparts from 80
Cambodian companies at the Commerce Ministry yesterday to foster
business ties and expand trade.
“This mission in Cambodia is
focused on agriculture, the garment industry, construction and real
estate in particular, and aims at providing opportunities for the
investors to better understand these industries...,” said Jang Gyu-Hwa,
Vice Chairman of the Korea Importers Association.
Speaking at
the conference, Minister of Commerce Cham Prasidh said he encouraged
South Korean firms to invest in the Kingdom, highlighting the duty-free
status many Cambodian exports enjoyed abroad.
Figures from the
Korea Trade-Investment Promotion Agency show Cambodia’s exports to Korea
soared 65 percent to $10.2 million, while Korean exports increased to
$58.9 million, during the first two months of the year, compared to the
same period 2010.
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