Cambodia, EU renew trade, investment vows

The EU was Cambodia’s largest trading partner in 2018, accounting for 45 per cent of the Kingdom’s exports that year, and 95.7 per cent of those entered the bloc under EBA tariff preferences, the European Commission reported. - PPP

PHNOM PENH (The Phnom Penh Post/Asia News Network): Cambodia and the EU have renewed their pledge to enhance bilateral trade and investment ties in spite of the lingering economic fallout from the Covid-19 pandemic.

This came during their 11th Joint Committee Meeting on March 10-11, which was co-chaired by Ministry of Foreign Affairs and International Cooperation secretary of state Luy David and Paola Pampaloni, deputy managing director for Asia and Pacific of the European External Action Service, according to a March 10 joint press release.