ISLAMABAD: Pakistan and Cambodia reached an understanding of taking practical steps to enhance bilateral trade and economic cooperation.

Both sides agreed at the inaugural session of the Pakistan-Cambodia Joint Trade Committee (JTC) to explore avenues to enhance trade, investment, and cooperation in various sectors. The next JTC session will be held in Pakistan, with dates to be decided by mutual consultation.

Co-chaired by Pakistan’s Additional Secretary Commerce Nasir Hameed and Cambodia Commerce Secretary Pich Rithi, the session discussed mutual interests, including trade, health, banking, agriculture, aviation, and customs.

An official announcement from the commerce ministry said that the two sides agreed to appoint focal persons to expedite negotiations for memorandums of understanding and enhance cooperation. They resolved to share trade-related information, organise trade delegations, and facilitate direct engagements between the business communities of both countries.

The Cambodian side showcased its robust market access through free trade agreements and preferential trade treatments, offering opportunities for Pakistani businesses to tap into regional and global markets. The agreed minutes of the JTC highlighted plans for collaboration in ICT, e-commerce, agriculture, and the health sector.

Commerce Minister

Jam Kamal highlighted Pak­istan’s strategic location, growing economy, and investment-friendly policies, inviting Cam­bodian businesses to explore agri­cul­ture, textiles, pharmaceuticals, and tou­rism opport­unities.

Published in Dawn, January 22nd, 2025

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Going dry
Updated 07 Apr, 2025

Going dry

Authorities should refrain from undertaking any water scheme that infringes on rights of any federating unit to avoid more controversies.
Afghan return
07 Apr, 2025

Afghan return

AS expected, the government of Pakistan is moving ahead with its plan to forcibly repatriate Afghan Citizenship Card...
Hurting women
07 Apr, 2025

Hurting women

MONTH after month, the figures of crimes against women in the country indicate that our society is close to...
Not cricket
Updated 06 Apr, 2025

Not cricket

It is high time that the PCB sets things right; even if it demands a complete overhaul of the system.
Balochistan deadlock
Updated 06 Apr, 2025

Balochistan deadlock

Akhtar Mengal’s demands to release women activists should seriously be considered.
Escalating brutality
Updated 06 Apr, 2025

Escalating brutality

The world’s patience is running out. Israel must be held accountable under international law for war crimes.