The first ever Euro Fair opened this morning (June 29) at the Diamond Island Convention and Exhibition Centre, and will end on Sunday, July 1. Over 50 European companies are showcasing their products, brands and services to local consumers and business people in Cambodia.
For in depth analysis of Cambodian Business, visit Capital Cambodia
The event is organised by the French Cambodian Chamber of Commerce and Industry, the German Business Group in Cambodia, the British Chamber of Commerce, NordCham, the Italian-Cambodian Business Association, and the Ministry of Commerce with the support of Cambodia Airports.
It aims to increase awareness for European know-how and quality standards, and allow visitors to make business connections.
A wide range of European companies already established in Cambodia or active in the Asean region is its prime exhibitors.
Arnaud Darc, chairman at EuroCham, said that the best European products and services are under the one roof “not only to promote European products, … but to provide opportunities for local entrepreneurs to create new business partnerships or strengthen existing ones.”
Tekreth Kamrang, from the Ministry of Commerce, sees “the EU as the biggest buyer of goods from Cambodia … Thus, we must nurture the relationship between the EU and Cambodia. ”
Under the Everything But Arms scheme, Cambodian exports to the EU have expanded in recent years. The EU takes about 45 percent of all Cambodian exports, mostly garments and footwear, rice, and bicycles.