Citing low bilateral trade volume, Myanmar and Cambodia are expediting talks on two draft agreements to raise trade cooperation. Cambodian commerce minister Pan Sorasak recently called on the two sides for more discussions on economic and trade progress “within the regional and bilateral frameworks aimed at boosting trade volume and boosting economic recovery”.
He said this during a meeting between representatives of the Cambodian ministry of commerce and the Myanmar ministry of investment and foreign economic relations in Indonesia.
Myanmar minister of investment and foreign economic relations Aung Naing Oo agreed that the recent negotiations by Cambodia on the establishment of bilateral free trade agreements with China and South Korea are a sign of the latter’s success in building and expanding trade partnerships, according to a Cambodian newspaper report.
