Wednesday, August 13, 2014

Cambodia, US trade up in first half of year


13 August 2014

Trade data from the US shows Cambodian exports to the world’s largest economy increased 6% during the first six months of the year.

As of 30 June, Cambodian exports to the US totaled $1.4 billion, up from $1.32 billion recorded during the same six-month period in 2013, data from the US Department of Commerce shows. Spokesman of Cambodian Ministry of Commerce, said that while US economy continues to stabilize, business relations with Cambodia have remained positive and provided a secure basis for deepening bilateral trade.

Director General of Cambodian Chamber of Commerce, who will lead a delegation of 21 representatives from the Kingdom’s private sector to the US later this month, said that more markets can still be identified to boost trade volumes.

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