The newly-established Cambodia Business Council Association (CBC) and Thai Business Council in Cambodia (TBCC) yesterday signed a memorandum of understanding (MoU) to cooperate on boosting trade activities and investment between the two countries.
The MoU, signed by CBC’s President Sambath Sothea and TBCC President Jiranan Wongmongkul, has several purposes – to provide and exchange information and connections for business, trade and development, exchange business networks, join support or activities of marketing channels in order to promote business and investment opportunities, culture exchanges and social connectivity and to perform other activities for the common interest.
Sambath Sothea said in the signing ceremony that through the partnership between the business bodies will enhance facilities of providing information to businessmen from Thailand and from Cambodia.
“The cooperation is to facilitate and further boost investment and businesses of Cambodia, including Cambodian products in Thailand and Thai businesses and investments in Cambodia,” Sothea said.
“It is a new way for us to think again how we can collaborate, how we can join together. It is the main lesson from the Covid-19 and will help us to strengthen our relationship and to move together with some new projects and some new plans in the future.”
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