Logo of Phnom Penh Post newspaper Phnom Penh Post - PM wants more trade, investment with Pakistan

PM wants more trade, investment with Pakistan

Content image - Phnom Penh Post
Deputy Speaker of the National Assembly of Pakistan Qasim Khan Suri (left) meets with Prime Minister Hun Sen on Wednesday. HUN SEN’S FACEBOOK PAGE

PM wants more trade, investment with Pakistan

Prime Minister Hun Sen on Wednesday urged Pakistan to boost trade and investment between the two countries.

The appeal was made during a meeting with Deputy Speaker of the National Assembly of Pakistan Qasim Khan Suri at the Peace Palace in Prampi Makara district’s Mittapheap commune in Phnom Penh.

Hun Sen said Cambodia established diplomatic relations with Pakistan – then the Dominion of Pakistan – in 1952. However, trade between the two nations remains low compared to many other countries.

“The trade volume between the two countries is still very low. [We] want to see both countries find a way to promote and enhance cooperation – especially in terms of the economy and investment,” he said.

Suri noted that the two countries have had long-standing relations and that Cambodia has been enjoying very strong growth over the years. He said he wants to see increased economic cooperation between Pakistan and Cambodia, as well as other with other Asean countries.

Ministry of Commerce spokesman Seang Thay told The Post that while Cambodia-Pakistan trade is currently minimal, the two leaders’ commitment will create a new milestone to enhance economic cooperation.

“We don’t export much to Pakistan at the moment, as its distance poses a challenge for us. We do wish to see more trade between the two countries as we are a pro-business country. We welcome all businessmen and investors here,” he said.

Data from the Embassy of Pakistan shows that bilateral trade between the two countries reached $16 million in 2011 and ballooned to $103.4 million in 2012.

MOST VIEWED

  • Research key to Kanitha’s rep for expertise

    Sok Kanitha is used to weighing in on controversial issues using a confident approach that signals expertise and authority, and a recent video she made was no exception. Her “Episode 342: The History of NATO” video went live on January 16, 2023 and immediately shot to 30,000 likes and 3,500

  • Cambodia maintains 'Kun Khmer' stance despite Thailand’s boycott threat

    Cambodia has taken the position that it will use the term "Kun Khmer" to refer to the sport of kickboxing at the upcoming Southeast Asian (SEA) Games, and has removed the term Muay from all references to the sport. Despite strong reactions from the Thai

  • Knockout! Kun Khmer replaces ‘Muay’ for Phnom Penh Games

    Cambodia has decided to officially remove the word Muay from the programme of the 32nd Southeast Asian (SEA) Games 2023 in May. “Kun Khmer” will instead be used to represent the Southeast Asian sport of kickboxing, in accordance with the wishes of the Cambodian people. Vath

  • New int’l airport nearly half complete as travel industry returns to life

    Construction of a new airport that is slated to serve the capital has passed the 43 per cent completion mark, raising prospects for a proper recovery in the civil aviation and tourism sectors as international travellers return to the Kingdom in increasingly large numbers. The figure

  • Artificial insemination takes herd from 7 to 700

    Some farms breed local cows or even import bulls from a broad for the purpose of breeding heavier livestock for meat production. One Tbong Khnum farmer has found a more efficient way. Hout Leang employs artificial insemination to fertilise local cows. Thanks to imported “straws”

  • Chinese group tours return to Cambodia starting Feb 6

    Cambodia is among 20 countries selected by Beijing for a pilot programme allowing travel agencies to provide international group tours as well as flight and hotel packages to Chinese citizens, following a three-year ban. As the days tick down until the programme kicks off on February 6,