Cambodia and Hungary have convened their first formal business talks to further boost economic and trade partnerships, as trade between the two countries reached just over $5 million last year.
Cambodia and Hungary are set to hold a business forum in the first quarter of 2022 with the aim of boosting trade and investment between the two countries. The decision was made during a meeting between Pen Sovicheat, a Ministry of Commerce undersecretary of state, and Hungarian charge d’affaires Istvan Bakos on December 15 at the ministry.
Cambodia and Hungary are set to hold a business forum in the first quarter of 2022 with the aim of boosting trade and investment between the two countries. The decision was made during a meeting between Pen Sovicheat, a Ministry of Commerce undersecretary of state, and Hungarian charge d’affaires Istvan Bakos on December 15 at the ministry.
2:28 PM MYT
Commerce ministry undersecretary of state Pen Sovicheat (right) said Cambodia and Hungary have agreed to expand cooperation in key potential areas, including trade and economy, tourism, civil aviation and industry, technology and innovation during a recent special session. - The Phnom Penh Post/Asian News Network PHNOM PENH, Jan 24 (The Phnom Penh Post/ANN): Cambodia and Hungary have agreed to further boost economic and tourism ties, while the private sector offers a rosy view of the EU country as a hub for expanding exports to Europe.
The consensus was reached during a January 20 in-person technical meeting at the Ministry of Commerce on the first of the two-day First Session of the Cambodia-Hungary Joint Commission on Economic Cooperation.