Logo of Phnom Penh Post newspaper Phnom Penh Post - Counselor confirms Thai trade fair

Counselor confirms Thai trade fair

Counselor confirms Thai trade fair

THAI businesses have decided to continue with a trade fair in Phnom Penh later this month, after Prime Minister Hun Sen guaranteed their safety despite violent border clashes.

“We are trusting Prime Minister Hun Sen’s guarantee of safety, which made Thai traders feel a warm [reception] here,” said Jiranun Wongmongkol, commercial counselor at the Royal Thai Embassy, at a press conference at La Parranda Hotel in Phnom Penh yesterday.

“It will be a large-scale trade fair for 2011, the same as in the previous years.”

According to organisers, 200 booths have been booked for the February 17 to 20 fair, which is slated to take place at Phnom Penh’s Diamond Island Exhibition Centre.

“We want to make the border situation between Cambodia and Thailand calm down.

“That is why we still [carry on with the fair],” said Sakol Cheewakoset, president of animal feed firm CP (Cambodia), yesterday.

This year, his firm plans to invest more than US$10 million in animal feed, he said, adding he has gained confidence from the Cambodian government.

While the Thai trade fair press conference was being held yesterday, Prime Minister Hun Sen simultaneously confirmed it was coming to town during the closing ceremony of the annual meeting of the Ministry of Commerce, held at Phnom Penh’s Chaktomuk Theatre.

“We will provide security to protect Thai investors who want to have a trade fair in the Kingdom,” he said yesterday.

“We don’t want to spread the border dispute to affect trade cooperation.

“They [Thai businesses] want to do business and exhibit their goods in Phnom Penh. Please come in.”

Hun Sen reiterated Cambodia would protect investors and diplomats hailing from Thailand.

Ministry of Commerce secretary of state Mao Thora said the government would like the situation to return to normal, adding he hoped to see bilateral trade with Thailand increase despite the ongoing border conflict.

“We together want to grow our trade,” he said.

According to figures obtained from the Thai Embassy’s foreign trade promotion office last week, the value of two-way trade rose to $2.557 billion in 2010, growth of around 54 percent on 2009.

Thailand’s exports to Cambodia increased by around 48 percent, reaching  $2.342 billion in value during 2010, the statistics showed.

MOST VIEWED

  • PM: West unfair to Cambodia

    Prime Minister Hun Sen released a message celebrating the International Day of Peace on Monday, saying that some major powers and western countries had been systemically cooperating to put political pressure on Cambodia as they did in the 1970s and 1980s. Hun Sen said pressuring

  • First ‘mobile kitchen’ in Cambodia enters service

    A catering company recently rolled out Cambodia’s first “mobile kitchen” – a $50,000 container capable of serving up to 200 people at a time. The kitchen is the brainchild of Seng Hok Heng Catering Services. At 4.4m-high, 6.8m-long and 2.4m-wide (expandable to 6.8m), the kitchen is equipped

  • Kingdom, China rebut basis for US sanctions

    The Council for the Development of Cambodia, the Ministry of Foreign Affairs and International Cooperation, and Tianjin Union Investment Development Group Co Ltd (Tianjin) have responded to US sanctions on Union Development Group Co Ltd (UDG), a Chinese-owned company currently developing the sprawling $3.8 billion Dara

  • ‘Bad news is an investor’s best friend’ – unlocking investment potential in Cambodia

    It is time to shop. Economic woes provide good pickings for investors if they know where to look The poem If, written by English Nobel laureate poet and novelist Rudyard Kipling for his son circa 1895, is widely perceived as fatherly advice for John who would

  • PM requests Russia’s Covid vaccine

    Prime Minister Hun Sen has requested that Russia provide Cambodia with its Covid-19 vaccine after the former announced it planned on mass vaccinating its population next month. The request came on Thursday through the prime minister’s Facebook page as he met with Anatoly Borovik,

  • Influenza breaks out in eight provinces

    Nearly 600 people have been infected with influenza in eight provinces in the past month, Ministry of Health spokesperson Or Vandine said. The ministry is advising extreme caution. A report released by Vandine on Saturday said the Ministry of Health observed transmissions of influenza between August 15