A Change of Guard

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Tuesday 24 May 2011

Cambodia, China sign trade promotion cooperation

PHNOM PENH, May 24 (Xinhua) -- Cambodian Ministry of Commerce and China Council for the Promotion of International Trade (CCPIT) on Tuesday signed a Memorandum of Understanding (MoU) on the development of bilateral trade.

The MoU was inked between Cambodian Minister of Commerce Cham Prasidh and Wan Jifei, visiting chairman of CCPIT and president of China Chamber of International Commerce.

Speaking before the signing ceremony, Cham Prasidh said the agreement will be useful for Cambodia to strengthen and expand trade cooperation with China.

"As Cambodia and China have good relations in all levels ranging from the two countries' governments to business people and people, I believe that Cambodia and China will be able to achieve the bilateral trade volume of 2.5 billion U.S. dollars in 2012," he said.

1 comment:

Anonymous said...

Cambodia is now a new CHINA STATE!