Cambodia pursues economic self-sufficiency amid border trade halt


FILE PHOTO: People eat bowls of noodles during a noodles feast at a pagoda in Phnom Penh on June 9, 2019. Small-scale producers in Cambodia generate a variety of consumer goods, including instant noodles, bottled water, dried fish, ready-made meat products, sausages, nuggets and burger patties, palm sugar, snacks and cashew nuts. - AFP

PHNOM PENH: Cambodia is embarking on a major economic transformation to bolster self-sufficiency by promoting its home-grown "Khmer Products” to rely less on imported goods.

Its central policy focuses on building economic self-confidence, leveraging the capacity of small and medium enterprises (SMEs), and harnessing its demographic advantage to enhance food security - particularly in the fast-moving consumer goods sector.

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