Cambodia, RoK target 1 billion USD in trade in 2020

Cambodia and the Republic of Korea (RoK) aim to boost two-way trade to 1 billion USD in 2020.

Cambodian Minister of Foreign Affairs Prak Sokhonn and newly-appointed Korean Ambassador to Cambodia Park Heung-kyoeng on December 23 discussed ways to accelerate the implementation of agreements to attract more investment signed during a summit in Busan last month.

The two sides agreed to increase trade and investment, especially in tourism. They believed that these agreements will encourage Korean businesses to invest in Cambodia.

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