UAE: Trade mission to Cambodia, Thailand

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Cambodia’s Minister of Commerce Cham Prasidh and visiting Minister of Foreign Trade of the United Arab Emirates Sheikha Lubna Bint Khalid Al Qasimi hold talks in Phnom Penh, Cambodia, on October 1, 2012.

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade of the United Arab Emirates, has embarked on a trade mission to Cambodia and Thailand to discuss ways to strengthen and expand bilateral trade and investment ties, the UAE’s state news agency WAM reported.

She met with Cambodia’s Minister of Commerce Cham Prasidh on Monday, October 1, and will meet with top trade and economic officials in Thailand on the following day.

According to the news agency, Sheikha Lubna seeks to discuss strengthening the existing trade and economic partnerships between the UAE and the two ASEAN countries, as well as the establishment of projects in a number of economic sectors, eliminating barriers to the flow of investments and easing trade exchange.

Cambodia’s minister Prasidh said that the meeting would pave the way for cooperation between the two countries in halal food and rice deals in the future.

For halal food, Cambodia is planning to negotiate with Malaysia for a cooperation to produce halal food products to export to Dubai. Cambodia also wants Dubai investors to broker Cambodian milled rice for countries surrounding the Arabian Gulf, he added.

Bilateral trade volume between Cambodia and the UAE was $89 million in 2012, up 121 percent year-on-year. Trade with Thailand increased 33 per cent.

“There are more opportunities to strengthen and expand our bilateral trade ties,” Sheikha Lubna said.

 

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Reading Time: 1 minute

Cambodia’s Minister of Commerce Cham Prasidh and visiting Minister of Foreign Trade of the United Arab Emirates Sheikha Lubna Bint Khalid Al Qasimi hold talks in Phnom Penh, Cambodia, on October 1, 2012.

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade of the United Arab Emirates, has embarked on a trade mission to Cambodia and Thailand to discuss ways to strengthen and expand bilateral trade and investment ties, the UAE’s state news agency WAM reported.

Reading Time: 1 minute

Cambodia’s Minister of Commerce Cham Prasidh and visiting Minister of Foreign Trade of the United Arab Emirates Sheikha Lubna Bint Khalid Al Qasimi hold talks in Phnom Penh, Cambodia, on October 1, 2012.

Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade of the United Arab Emirates, has embarked on a trade mission to Cambodia and Thailand to discuss ways to strengthen and expand bilateral trade and investment ties, the UAE’s state news agency WAM reported.

She met with Cambodia’s Minister of Commerce Cham Prasidh on Monday, October 1, and will meet with top trade and economic officials in Thailand on the following day.

According to the news agency, Sheikha Lubna seeks to discuss strengthening the existing trade and economic partnerships between the UAE and the two ASEAN countries, as well as the establishment of projects in a number of economic sectors, eliminating barriers to the flow of investments and easing trade exchange.

Cambodia’s minister Prasidh said that the meeting would pave the way for cooperation between the two countries in halal food and rice deals in the future.

For halal food, Cambodia is planning to negotiate with Malaysia for a cooperation to produce halal food products to export to Dubai. Cambodia also wants Dubai investors to broker Cambodian milled rice for countries surrounding the Arabian Gulf, he added.

Bilateral trade volume between Cambodia and the UAE was $89 million in 2012, up 121 percent year-on-year. Trade with Thailand increased 33 per cent.

“There are more opportunities to strengthen and expand our bilateral trade ties,” Sheikha Lubna said.

 

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