JETRO to open office in Cambodia next March

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PHNOM PENH, Dec. 14 Kyodo -
The Japan External Trade Organization signed an agreement with Cambodia on
Monday to open an office here next March to enhance economic and business ties
between the two countries.
According to the memorandum of understanding signed between Cambodia Commerce
Ministry and JETRO, the office will help promote mutual trade, investment and
industrial development.
Atsusuke Kawada, a senior economist of JETRO based in Bangkok, said Cambodia is
one of only three countries among the 10 members of the Association of
Southeast Asian Nations where JETRO has yet to open an office, the other two
being Brunei and Laos.
Currently, inquiries from Japanese investors or businesspeople relating to
Cambodia are handled by JETRO's offices in Tokyo and Bangkok.
Prior to the signing of the MOU, Commerce Minister Cham Prasidh told about 100
Japanese businesspeople at a seminar on the investment climate in Cambodia
wants Japan, which has been a leading donor of aid to the country, to also lead
in the investment sector.
He said that despite Cambodia's small size and population, it is located in
good geographical zone with a deep water port and enjoys free trade access to
many countries around the world, especially since joining the World Trade
Organization in 2004.
==Kyodo