A Change of Guard

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Saturday 24 March 2012

Cambodia to host 2nd ASEAN-EU Business Summit

News Date: 24th March 2012

Cambodia will host the 2nd ASEAN-EU Business Summit (AEBS) here early next month just two days ahead of the 20th ASEAN summit.

In a statement released Saturday, Cambodian government announced the Ministry of Commerce and the EU Delegation to Cambodia will organize the summit on April 1.

"About 300 international business leaders are slated to convene meetings, discussions and closed door sessions on how to improve business in the most relevant trade and investment sectors," the statement said.

It will also bring together entrepreneurs, private investors and public policy-makers from both the EU and ASEAN to address important issues concerning EU-ASEAN trade relations, while identifying new business and investment opportunities on both sides.

The statement said the event will provide participants from the EU and ASEAN private sector with an opportunity to exchange views and voice their concerns on ASEAN-EU trade and investment relations directly with ASEAN economic ministers and the EU Commissioner for Trade Karel De Gucht.

Cham Prasidh, minister of commerce and chairman of ASEAN Economic Ministers, said that being the host nation of such an important business summit in 2012, Cambodia hopes it will be a milestone for further events aimed at promoting business opportunities between European and ASEAN regions and strengthening further cooperation.

Source: GNA

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