Logo of Phnom Penh Post newspaper Phnom Penh Post - Canada to establish Kingdom trade office




Canada to establish Kingdom trade office

Canada to establish Kingdom trade office

Canada is to establish a local representative office in Cambodia to strengthen bilateral trade between the two nations.

“We will set up a diplomatic office, not an entire embassy. It will be very small to facilitate trade and political relations and hopefully set up by the end of this year,” Canada’s Regional Ambassador to Cambodia, Philip Calvert.

“We already have a lot of direct imports from Cambodia in mostly garments and footwear, but we do want to encourage more two-way direct trade between the countries.”

Each year, Canada imports more than $470 billion in goods and services worldwide. Of that figure, Cambodia contributes less than 1 per cent, or about $690 million.

But Zaki Munshi, Asia project manager for Canada’s Trade Facilitation Office (TFO), said it is likely that a notable portion of Cambodian products are instead being imported via the US, thus diminishing trade between the Kingdom and Canada.

“We are yet to find out how much of US imports are from other nations such as Cambodia, but we expect it to be a very, very high figure. So what the Canadian government needs to do is help Cambodian businesses export direct to Canada, not go through a third country.”

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

  • 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

  • ‘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

  • CNRP activist freed; Sam Rainsy pledges return to Kingdom

    The Phnom Penh Municipal Court on Monday released former CNRP activist Oeur Narith on bail after the court ended its questioning on suspicion of receiving money from abroad and plotting to overthrow the government, according to the authorities. National Police spokesman Chhay Kim Khoeun confirmed