Thai firms look to boost trade in Cambodia

[webfact]

Thai firms look to boost trade in Cambodia



PHNOM PENH: -- The Phnom Post reported that Thailand, one of Cambodia’s biggest trading partners, is holding an exhibition in the capital in a bid to further boost the $5.6 billion in bilateral trade it reported last year.

The four-day trade fair, which runs until Sunday, looks to introduce Cambodian buyers to over 200 Thai brands, ranging from construction materials and machinery spare parts to clothing and cosmetics.

The Thai Commerce Ministry’s international trade promotion department said it organised the event to generate opportunities for companies on both sides of the border.

Apart from boosting trade relations, it also provides an opportunity for Cambodian investors to look for partners directly from Thailand, one of the organisers said.

Bilateral trade between the two Southeast Asian countries is skewed heavily in favour of Thailand, which exported $4.9 billion to Cambodia last year, a 6 per cent increase. By contrast, Cambodian exports accounted for only $640 million, a rise of 8.4 per cent.

According to the Thai embassy in Phnom Penh, total trade last year increased by 9.4 per cent, up from the $5.1 billion in 2014, with firms like Siam Cement Group, Charoen Pokphand Group (CP) and TCC Group making substantial investments in Cambodia.

Source: http://englishnews.thaipbs.or.th/content/149595


-- Thai PBS 2016-02-05

[khwaibah]

How about letting Cambodia import and sell GOOD BEER into Thailand.