A Change of Guard

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Sunday 20 February 2011

Thai, Cambodian businessmen agree on widening trade, investment


19 Feb 2011
MCOT

BANGKOK, Feb 19 -- As an ongoing four-day Thailand Trade Fair being held in Phnom Penh now is running successfully, businessmen of the two countries have also agreed on enlarging trade and investment between them believing that clashes at the disputed border between soldiers of their countries should be solved by their respective governments, said a leading Thai businessman Saturday.

Niyom Waiyaratchapanich, deputy chairman of Thai Chamber of Commerce (TCC) and also committee chairman of TCC’s international trade promotion, said leading businessmen of the two countries agreed during Thursday’s business summit, held for the first time by the two nations, that they would propose to their governments in issuing ‘Thai-Cambodian Business Card’ to facilitate businessmen in crossing the border of each country to do business.

Under the scheme, a special passage at the border will be arranged for the cardholders to pass through, saving time off immigration procedures, Mr Niyom said.

They also agreed that an SME (small and medium-sized enterprise) clinic should be set up in both countries to encourage new Thai investors to invest in infrastructure and tourism ventures in Cambodia, proposing both Bangkok and Phnom Penh governments extend contract farming while Thai farming experts would provide know-how to Cambodian farmers, enlarging logistics networks, increasing trucks carrying goods to 150 daily from 40 now and launching bus facilities between the two countries.

“Businessmen of the two countries didn’t raise the border problem for discussion during the meeting as they believed that the issue could be settled by their governments,” Mr Niyom said.

With the two-way trade in 2010 valued about Bt81 billion, up 20 per cent from the previous year, the Thai government-run National Intelligence Agency said in its report last month that trade value between the two countries in 2011 could be almost equal last year’s if no border checkpoints are closed due to clashes at the border.

Thailand is now ranked 14th in terms of largest foreign investment in Cambodia, as businessmen in this country have already invested in more than 80 projects, with total investments of over US$363 million.

Thai Deputy Commerce Minister Alongkorn Ponlaboot, who also attended the trade fair which ends Sunday, opined that the summit proposed that a similar trade fair be organised in each country every two months due to the success of the ongoing fair in Phnom Penh.

3 comments:

Anonymous said...

All Khmer must stop using Thai products.It is a direct insulting to your brothers and sisters in the front line against the aggressive Thai invaders.
We must be together to save our nation and dignity.This is your country. It is your war.

True Khmer

Anonymous said...

C'est trop difficile à comprendre la situation , entre les 2 pays !
Les thais envoient des custer-bomb (bombies) , sur les villages khmers et les gros porte-monnaies trinquent du champagne à P-Penh.
Absurde !
Il y a de l'argent à gagner encore au Cambodge ! Avec les bénéfices au Cambodge , les thais peuvent encore acheter des bombies .
Les villageois vivront à côté ces objets dangereux pendant des années
à venir !
Bravo les leaders !!
C'est scandaleux , le gouvernement thailandais doit être condamné à participer à ramasser ces objets de nos villages .

Anonymous said...

Why do Kos Trol, sea and lands proximately over 10 000 km2 have been lost to Vietnam by who treaty? Why don’t Cambodia goverment transparencies explain to Cambodia army at front line and the whole nation about this? Why don't they include this into education system? Why?

Cambodian armies are fighting at front line for 4.6 km2 and what's about over 10 000km2 of Cambodia to Vietnam. Nobody dare to talk about it! Why? Cambodian armies you are decide the fate of your nation, Cambodian army as well as Cambodian people must rethink about this again and again. Is it fair?

Kos Trol, Sea and lands over 10 000km2 have been lost to Vietnam by who treaty at 1979 to 1985 treaty! Treaty! Cambodian army at front line as well as all Cambodian people must rethink again about these issues. Are Cambodian army fighting to protect the Cambodia Nation or protect a very small group that own big lands, big properties or only protecting a small group rather in the real name of protecting Khmer nation?

Cambodian army at front line suffer under rain, wind, bullets, bombs, lack of foods, lack of nutrition, their families have no health care help, no securities after they die but a very small group eat well, sleep well, sleep in first class hotel with air conditioning with young girls message, have super health care from oversea medical treatment, they are billionaires, millionaires who sell out the country to be rich and make Cambodian people suffer everyday as Cambodian people know already.

Who signed the treaty 1979-1985 that result lost over 10 000 km2 of Cambodia??? Why don't they transparency inform all Cambodian and Cambodian army at front line about these issues? Why don't include Kos Trol (Kos Trol size is bigger than the whole Phom Phen with heap of great natural resources) in education system in Cambodia.

Look at Hun Sen families, relatives; friends are billionaires, millionaires where do they get the money from if we all just get out of war with empty hands? Hun Sen always say in his speech Cambodia just get up from war, just get up from Zero with empty hands and how come they are billionaires, millionaires but 90% innocent Cambodian people are so poor struggling with living every day.

Smart Khmer girl Ms. Rattana Keo,