MRCA signed two MoUs during a function at Sofitel Phnom Penh Phokeethra.
It entered into agreements with the Asia Cambodia Law Group and the Association of Guang Dong China Commercial Representative in Cambodia.
Besides Phnom Penh, the trade mission, organised by the Cambodia Embassy in Malaysia and MRCA, plans to visit Kampong Speu province during its four-day trip.
While addressing the delegates, Dr Nhem Khemara, secretary of state, Ministry of Foreign Affairs and International Cooperation, said, “Over the last 65 years, Cambodia-Malaysia bilateral relations have witnessed a significant improvement in various spectrums.
Despite the impact of the Covid-19 pandemic, bilateral trade reached approximately $500 million in 2021, up 13 percent from 2020. Around 162 Malaysian investment projects worth $3.2 billion have been approved so far this year.”
Talking about the significance of the trade mission, Cheuy Vichet, Ambassador of Cambodia to Malaysia, said, “It gives me great pleasure and honour once again to co-lead another trade mission from Malaysia to Cambodia. Our forum today is an excellent venue for tripartite collaboration and partnership between businesses from Cambodia, Malaysia and China.”
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Author: Adur Pradeep
Source: Khmer Times
August 31, 2022
