Two-way trade between Cambodia and the Republic of Korea (roK) is expected to surge sharply this year as turnover reached 27.7 million USD in January, a year-on-year rise of 77 percent.
Two-way trade between Cambodia and theRepublic of Korea (roK) is expected to surge sharply this year asturnover reached 27.7 million USD in January, a year-on-year rise of 77percent.
Of the total volume, almost 23.4 millionUSD came from the RoK, up 58.2 percent, while Cambodia ’s exports rakedin 4.3 million USD, a fourfold increase against the same period lastyear, reported the Korea Trade Centre (KOTRA) in Phnom Penh .
In 2009, bilateral trade dropped sharply largely due to the adverse impact of the global financial crisis, said KOTRA.
Cambodia has increased the import of fabric dye, fabrics and garmentspare parts to meet its growing demand, and exported natural rubber,garments and woven products to the RoK.
KOTRA Director Nam Shik-kang said Cambodia-RoK trade has been forecastto grow by 20 percent this year. Cambodia is striving to equalise thetrade balance between the two nations by boosting its exports to theRoK, mainly natural rubber and agricultural products, he added.
The government of Cambodia plans to expand rubber tree acreage in aneffort to harvest an output of 250,000 tonnes of latex for exportwithin the next 5-7 years, making it one of the biggest hard currencyearners for the country and creating more jobs for labourers./.
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Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
