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Date 14/05/2018-16:18:00 PM
Cambodia, VN, Cambodia promote border trade

Officials from the Ministry of Industry and Trade and the Cambodian Ministry of Commerce have discussed ways to speed up the construction of Da market – the first model border one between Viet Nam and Campuchia – scheduled to be completed at the end of 2018.

The two sidesdiscussed issues relating to theorganisationof a conference developing border trade in 2018-2019 in Cambodia this year and the implementation of a project developing border trade through 2025 with a vision for 2035.

They agreed that the bilateral trade relations particularly through border have witnessed remarkable strikes, contributing to socio-economic development in each country as well as reinforcing the friendship and cooperation betweentwo countriesin general.

The two ministries said they will propose the building of more border markets as part of the cooperationprogrammebetween their governments and present this plan at the 16th meeting of the Vietnam-Cambodia Joint Committee on Economic, Cultural and Scientific-Technological Cooperation in HaNoion May 16.

They held that relating the conference on developing bilateral border trade in 2018-2019,Cambodia’s Ministry of Commerce willsend a diplomatic note to Viet Nam informing the specific time, location and relevant expenses of the event.

On the project on Viet Nam-Cambodia border trade development to 2025 with a vision to 2035 drafted by the Vietnamese Ministry of Industry and Trade, Minister PanSorasaksaid Cambodia will study the project and exchange with VietNam so that the two sides can complete a draft one soon and sign for approval.

The two sidesare maintaining goodneighbourhood, traditional friendship and all-around cooperation. Last year’s bilateral trade hit US$3.8 billion, up 25% over a year earlier.

The two countries are destined to promote border trade activities towards US$5 billion bilateral trade target in the coming time.

The working delegation from Viet Nam’s Ministry of Industry and Trade is scheduled to make a fact-finding tour to the construction site of theDamarket to inspect its progress on May 10-11./.

Hoang Ha
VGP

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