• Society

Cambodia Ready to Showcase Potential Products at 6th CIIE in Shanghai

• By Xinhua News Agency
• November 5, 2023 1:30 PM

PHNOM PENH -- Cambodia is ready to exhibit its potential products and promote its investment potential and tourism during the sixth China International Import Expo (CIIE), scheduled for Nov. 5-10 in Shanghai, said a Ministry of Commerce's news release on Saturday.

This is the sixth time that the Ministry of Commerce of Cambodia has participated in this international trade event.

"For 2023, Cambodia has built a national pavilion with a size of 136 square meters, built in the style of the Royal Palace and decorated in the Khmer style," the news release said.

"In the Cambodian pavilion, potential products such as rice, cashew nuts, pepper, coffee and souvenirs are on display, as well as pictures and videos to promote Cambodia's investment environment, economy, trade, tourism and national culture," it added.

Cambodian Ministry of Commerce's Secretary of State and Spokesperson Penn Sovicheat said the annual event has provided a unique opportunity for foreign companies to showcase their products and services to potential Chinese clients and investors.

"The CIIE has given a boost to trade and investment volumes between Cambodia and China," he told Xinhua. "Our export to China has steadily increased, as more Chinese investors have come to invest in Cambodia."

Sovicheat said the CIIE also reflects China's unwavering commitment to promoting global trade and multilateralism and to opening the Chinese market broader to the world.

In addition, the official said the CIIE and the China-proposed Belt and Road Initiative (BRI) complement each other perfectly as the CIIE boosts global trade, while the BRI's core objective focuses on building infrastructure networks to serve regional and global economic and trade activities.

"The two platforms are essential to boost global economy and international trade as they have enhanced cross-border trade, e-commerce and connectivity infrastructure development," he said.

They have served as new drivers of international trade, providing mutual benefits and win-win outcomes, he added.

Sovicheat said both the CIIE and the BRI have injected vigorous momentum into the development of global trade and infrastructure connectivity towards building a global community with a shared future for mankind.