Thai trade meeting to take place next week

Sok Chan / Khmer Times No Comments Share:
Officials at a previous edition of the Cambodia-Thailand Joint Trade Commission. Supplied

The sixth edition of the Cambodia-Thailand Joint Trade Commission (JTC) will be held next week in Phnom Penh.

Taking place on the 21 and 22 on this month, the JTC meeting will focus on bilateral trade promotion. On the sidelines of the meeting, investors from both countries will participate in business matching events to enhance trade ties between the two countries.

Trade between Cambodia and Thailand is expected to increase in the near future due to enhanced government cooperation on connectivity, including the opening of several border checkpoints, Prime Minister Hun Sen said recently.

According to the premier, bilateral trade reached $5.5 billion in 2017, 10 percent higher than the year before.

Construction work on the section of the western railway that runs from Bangkok to Aranya Pratet, in the border with Cambodia, concluded recently, which means that both countries are now officially connected by train.

The railway is expected to play a key role in facilitating trade and the movement of people between Cambodia and Thailand, with leaders from both countries having publicly committed to tripling bilateral trade to $15 billion by the year 2020.

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