Cambodia and Vietnam are all set to establish a key trade agreement to further enhance cross-border commercial exchange and improve the livelihoods of people residing in border areas.
Cambodia and Vietnam plan to sign an agricultural cooperation agreement this month to underpin trade growth between the two countries, especially of the Kingdom’s agri exports.
Cambodia and Vietnam plan to sign an agricultural cooperation agreement this month to underpin trade growth between the two countries, especially of the Kingdom’s agri exports.
With agricultural production on a steady growth trajectory, even in the face of Covid-19, Phnom Penh welcomes Indonesian businessmen to invest in the Cambodian agricultural market, in hopes of bolstering capacity in response to an ongoing surge in domestic and international demand.
The government has set aside $250 million for direct financing in 2022 through two state-owned financial institutions at low interest rates, and is resolved to encourage commercial banks and microfinance lenders to provide additional credit to support agriculture and other priority sectors, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon.