Logo of Phnom Penh Post newspaper Phnom Penh Post - Locals seek to sew up trade deals in Korea

Locals seek to sew up trade deals in Korea

Locals seek to sew up trade deals in Korea

THREE Cambodian handicraft producers have been chosen to exhibit their wares in South Korea from September 9 to 12, with an eye to boosting future exports of the Kingdom’s handicrafts, Ministry of Commerce officials said yesterday.

The Kingdom has chosen to debut handicrafts from two private companies, Sentosa Silk and Neang Milss, as well as wares from Watthan Artisans, a nongovernmental organisation.

The items the organisation’s produce, which include furniture, scarves, clothes and handbags, will be showcased at the Seoul Gift Show and would test Korean markets, the ministry’s Trade Promotion deputy chief Ouch Savin said.

“If Korean people like our products, they will sign contracts with us, bringing more of our products to Korea,” he said.

Korean production costs were very high, he said, and the country was looking to increase its imports from lower-cost countries in the Association of Southeast Asian Nations, including Cambodia.

Experts gave a presentation about Korean consumer preferences to representatives of 21 companies in Phnom Penh on Friday, he said, as Cambodian exports must be ready to face stiff competition in the market.

MOST VIEWED

  • Hun Sen ready to ‘break record’, says Rainsy lost

    Caretaker prime minister Hun Sen used a meeting with 18,400 factory workers on Wednesday to predict that he would beat the record for being the world’s longest-serving non-royal leader. He also used the platform to slam political opponent Sam Rainsy who he said had lost

  • Sihanoukville land prices skyrocketing amid breakneck development

    Sihanoukville, the Kingdom’s most famous beach destination for tourists, is seemingly becoming a paradise for Chinese investors as well. The huge influx of Chinese investors has caused property values to rise, especially the price of land, which has nearly doubled in some places near

  • US names new ambassador to Cambodia

    US President Donald Trump on Friday appointed W Patrick Murphy as the new US Ambassador to Cambodia, replacing incumbent William A Heidt. A press release posted on the White House’s website said nominee W Patrick Murphy is currently acting principal deputy assistant secretary at

  • Kingdom is at a crossroads between East, West after poll

    It was dubbed a success by caretaker prime minister Hun Sen after the electoral victory of his Cambodian People’s Party (CPP), which is poised to take all seats in the National Assembly. But the July 29 national election has not been positively looked at by