Logo of Phnom Penh Post newspaper Phnom Penh Post - Pakistan, Cambodia talk economic ties

Pakistan, Cambodia talk economic ties

Pakistan, Cambodia talk economic ties

Pakistan and Cambodia yesterday discussed strengthening economic ties in areas such banking and transportation, a government official said.

Ambassador of Pakistan Fazal-ur-Rahman Kazi and Cambodia’s Deputy Prime Minister Sok An considered an agreement on the protection of trade and investment, Ek Tha, spokesman for the Council of Ministers, said.

Pakistan’s ambassador said he hopes an agreement will be signed next year, although there is no set timeline, according to Ek Tha.

Currently, trade between the two countries is valued at US$25 million. “It is a very small amount of money. We want to increase trade between the two countries,” the spokesman said, adding that possible sectors for increased cooperation included tourism, agriculture, banking and railroads.

The Central Asian state had expertise in banking and railroads that could be beneficial to Cambodia’s development, Ek Tha said.

“Now we are in a state of economic recovery. Cambodia’s economic growth is expected to be 8 per cent next year, so it is time for Pakistan to invest in Cambodia. If they don’t come, other people will come,” he said.

Pointing to the increase in tourism, Ek Tha said Cambodia also hoped for more Pakistani tourists making the trip  to the Kingdom.

Pakistan is also a possible target for Cambodia’s increasing rice exports, he said.

Ambassador Fazal-ur-Rahman Kazi could not be reached yesterday for comment.


  • Twenty years after Pol Pot died a broken man, his memory looms large

    Two decades have passed, but Mea Chron still stands by Pol Pot. Most days he also stands by the mass murderer’s cremation site, keeping guard in the Khmer Rouge’s last stronghold of Anlong Veng. Pol Pot, the widely reviled despot who spearheaded the

  • Reuters: US Embassy fired 32 staff members for sharing pornography

    The United States Embassy in Phnom Penh has fired 32 non-diplomatic staff members who were allegedly caught exchanging pornographic images and video, including of minors, according to the news agency Reuters. Four sources, who spoke on condition of anonymity, told Reuters the content was shared in

  • ‘Trouble’ foreseen in Khmer New Year almanac

    At 9:12am on Saturday, Cambodia’s devout can expect the arrival of Moha Thorathevey, an angel on a peacock holding a trident in one hand and an auspicious serrated wheel in the other. The angel, who has a liking for water hyacinths, will usher in

  • Our 2018 guide to spending Khmer New Year in Phnom Penh

    Khmer New Year festivities are upon us. For the next few days, travellers will be making their way to their home provinces to eat, celebrate, play traditional games and visit a pagoda with offerings. If you will be staying put in Phnom Penh for the