Cambodia bats for trade cooperation at WTO meet

Cambodia bats for trade cooperation at WTO meet

Cambodia on Sunday called for the inclusion of the Investment Facilitation for Development (IFD) agreement

into the WTO programme as such a fusion will benefit the member states – including Cambodia – by enhancing the investment climate.

Cham Nimul, Minister of Commerce, on Saturday led an inter-ministerial delegation to participate in the 13th Ministerial Conference (MC13) of the World Trade Organisation (WTO) in Abu Dhabi.

Attending the IFD event on the sidelines of MC13, Nimul supported the inclusion of the agreement on IFD into the WTO agreement and stressed on the importance of this collaboration and its benefits to the member states – including Cambodia – through enhancing the investment climate.

The Minister of Commerce also participated in the high-level ministerial conference where she emphasised trade support for the least developed countries in the future.

She shared the Kingdom’s experience on the impact and lessons learned in implementing trade support programmes and related projects while raising several comments to assist in achieving further successes to help the least developed countries integrate into global trade networks.

Earlier on the day, Nimul met Helene Budliger Artieda, Director of the State Secretariat for Economic Affairs (SECO) and Switzerland’s Ambassador in Thailand with additional accreditations to Cambodia and Laos, as she led the Swiss delegation to take part in the ministerial conference.

The two leaders took the opportunity to discuss several topics and ways to strengthen bilateral economic and trade cooperation between Switzerland and the Kingdom.

Nimul then went on to participate as an honoured guest in the launch of the World Trade Organisation and International Trade Centre (WTO-ITC) Women Exporters in the Digital Economy Fund (WEIDE) to promote women’s entrepreneurship and their role in global trade and foster strategic collaboration.According to WTO, ITC is the joint agency of the United Nations and the WTO, dedicated to helping small businesses of developing countries trade. It is the focal point in the United Nations system for technical cooperation with developing countries and economic transition on trade promotion and export development. khmertimeskh

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