Minister of Commerce Pan Sorasak on Wednesday said the Cambodian government has focused on its competitiveness strategies and the growth of Industry 4.0 in the Kingdom to withstand the trends of global protectionism and geopolitical polarisation.
Speaking at a workshop on “Cambodian Trade Integration Strategy (CTIS) 2019-2023”, Sorasak said the emergence of protectionist movements and geopolitical polarisation created both new threats and opportunities for small economies like Cambodia.
“Cambodia’s trade policy must be flexible according to time and context in order for it to develop and seize the best opportunities, along with efforts to open up to new markets,” he said.
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