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Prime Minister pushes for greater trade with Finland

Chea Vannak / Khmer Times No Comments Share:

Prime Minister Hun Sen on Wednesday sought to strengthen trade ties with Finland during a meeting with the Finnish Minister for Development Cooperation and Foreign Trade.

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In a meeting with Finnish Minister Ville Skinnari held on the sidelines of the WTO’s Aid for Trade Global Review in Geneva, Switzerland, Mr Hun Sen discussed sectors in the Kingdom that present good opportunities for Finnish investors and touted the government’s investor-friendly policies.

Later, in a post on his Facebook page, Mr Hun Sen said that Cambodia has a wealth of natural resources that investors from Finland can process for export.

“Cambodia needs more investors from Finland and needs to expand exports to this country,” he said, adding that Finnish investors should consider investing in the energy sector.

According to Mr Hun Sen, Cambodia imports from Finland are greater than its exports.

At the meeting, Mr Skinnari agreed to increase trade with Cambodia, which he said is still low. He said there are a number of sectors with great potential for Finnish investors.

Finland is planning to open a consulate in Cambodia, Mr Skinnari added.

In May, Cambodia signed an agreement with Finland to import a 200-MW generator to cope with problems in the power supply. The generator will be installed in a plant that will be built in Kandal province.

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