Logo of Phnom Penh Post newspaper Phnom Penh Post - Trade fair a chance to improve Thai relations




Trade fair a chance to improve Thai relations

Trade fair a chance to improve Thai relations

Thailand and Cambodia are making moves to repair trade relations as 30 of Thailand’s provincial commerce departments hold a three-day trade fair in Phnom Penh’s Diamond Island Convention Center this week, according to Jiranan Wongmongkol, director of the Foreign Trade Promotion Office (FTPO) at the Thai embassy.

The fair is part of an effort to restore and promote trade activities between Cambodia and Thailand, after the slowdown in trade between the two nations caused by a political row over the past few years, she said.

Bilateral trade between the two countries rose 58.16 per cent to US$1.13 billion in the first quarter of the year compared to $716.69 million for the same period last year, according to the data from FTPO.

Cambodia’s total exports increased 54.91 per cent to $85.43 million in the first quarter of the year compared to $55.15 million for the same period in 2011, while the total amount of imports from Thailand rose 58.43 per cent, worth an estimated $1.04 billion, up from $661.54 million for the same period last year.

The fair was the result of the efforts of 30 provincial commerce directors, not the Thai government, to strengthen the trade relations with Cambodia, Jiranan Wongmongkol said.

“It is the first time they held this fair in Cambodia because they want to resume and promote the exchange of trade between our two nations,” she said.

To contact the reporter on this story: May Kunmakara at [email protected]

MOST VIEWED

  • Thousands attend CNRP-organised pro-democracy vigil in South Korea

    Thousands of supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Saturday gathered in the South Korean city of Gwangju to hold a candlelight demonstration calling for the “liberation” of democracy in Cambodia. Yim Sinorn, a CNRP member in South Korea, said on

  • US Embassy: Chinese trade does not help like the West’s

    The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do not

  • Cambodia-Thailand rail reconnected after 45 years

    A railway reconnecting Cambodia and Thailand was officially inaugurated on Monday following a 45-year hiatus, with the two kingdoms’ prime ministers in attendance at the ceremony. On the occasion, Cambodian Prime Minister Hun Sen and Thai Prime Minister Prayut Chan-o-cha travelled together from Thailand’s

  • Vietnamese land-grabbers held

    Following a provincial court order, Ratanakkiri Military Police on April 16 arrested 12 Vietnamese nationals accused of crossing the border into Cambodia and illegally clearing forest land. The accused are now being detained at Phnom Svay prison in the province. Ratanakkiri military police commander Thav Yen told