Cambodian and Turkish officials are brainstorming how to scale up cooperation in commerce, investment and other economic areas, after the two-way trade volume rocketed by about seven-tenths on an annual basis to hit $152 million in 2022, according to a statement from the Kingdom’s commerce ministry.
Priority Cambodian exports to Turkiye include garments, bicycles, mangoes, rubber, cassava, corn, pepper, milled rice, organic chemicals and tobacco leaves, the statement said, adding that target imports comprise textile-related items, machinery and electrical devices, vehicles and spare parts, and copper articles.
The latest of these discussions came on April 5, at a virtual meeting between Ministry of Commerce secretary of state Tekreth Kamrang, Turkish trade ministry director-general for international agreements and EU affairs Husnu Dilemre, Turkish ambassador to Cambodia Ulku Kocaefe,and other officials, the statement noted.
The meeting also covered a feasibility study for the establishment of an economic partnership agreement (EPA), it said, adding that participants expressed satisfaction with the third Cambodia-Turkiye Joint Economic Commission (JEC) meeting held on January 10-11 in Phnom Penh.
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