Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia, UAE sign economic partnership

Cambodia, UAE sign economic partnership

Content image - Phnom Penh Post
Foreign minister Prak Sokhonn (right) meets with UAE counterpart Thani bin Ahmed Al Zeyoudi in Phnom Penh on June 8. MFAIC

Cambodia, UAE sign economic partnership

Cambodia and the United Arab Emirates (UAE) signed a Comprehensive Economic Partnership Agreement on June 8 in Phnom Penh, with the foreign ministers of both nations hoping the agreement will elevate bilateral relations to new heights.

A Ministry of Foreign Affairs and International Cooperation’s June 8 press statement said that after signing of the agreement, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade met for talk to strengthen bilateral relation between the two countries.

The ministry said both sides expressed deep satisfaction at the flourishing bilateral relationship and shared optimism at the potential for a further expansion of exchanges between the two nations.

They also reviewed opportunities in trade, investment, tourism, connectivity, energy, agriculture, logistics and human resources.

“They noted that the bilateral trade volume has increased and expressed confidence that the Comprehensive Economic Partnership Agreement between Cambodia and the UAE signed today would significantly contribute to elevating the bilateral relationship to new heights,” the ministry said.

During the meeting, Al Zeyoudi thanked Cambodia’s for its chairmanship of ASEAN in 2022, which enabled the accession of his country to the Treaty on Amity and Cooperation in Southeast Asia (TAC). He also offered his gratitude to the Kingdom for its support of the UAE as an ASEAN Sectoral Dialogue Partner.

MOST VIEWED

  • Ministry taking steps over Thai ‘replica’ of Angkor Wat

    The Ministry of Culture and Fine Arts has dispatched experts to inspect the ongoing construction of a temple in Wat Phu Man Fah, located in Thailand’s Buriram province. This temple appears to be a replica of Cambodia’s renowned Angkor Wat. The ministry said

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • PM to open new Siem Reap int’l airport December 1

    Prime Minister Hun Manet and Chinese leaders would jointly participate in the official opening of the new Chinese-invested Siem Reap-Angkor International Airport on December 1. The airport symbolises a new page in the history of Cambodian aviation, which will be able to welcome long-distance flights to

  • Minimum wage set at $204, after Sep 28 vote

    The minimum wage for factory workers in the garment, footwear and travel goods industries for 2024 has been decided at $204 per month, with the government contributing $2. Following several negotiation sessions, the tripartite talks reached an agreement during a September 28 vote, with 46 of 51 votes supporting the $202 figure.

  • Cambodian diaspora laud Manet’s UN Assembly visit

    Members of the Cambodian diaspora are rallying in support of Prime Minister Hun Manet’s forthcoming visit to the 78th UN General Assembly (UNGA 78) in the US’ New York City this week. Their move is an apparent response to a recent call by self-exiled former