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Russian Chamber of Commerce to enhance the business cooperation with Cambodia Chamber of Commerce

H.E Alexander Ignatov, the Ambassador of Russia to the Kingdom of Cambodia had a meeting with Neak Oknha Kith Meng, the President of Cambodia Chamber commerce (CCC), at the head office of CCC on August 22, 2011. The purpose of the meeting is to enhance the business cooperation between the CCC and the Russian Chamber of Commerce (RCC).

Neak Oknha Kith Meng welcomed to have trade promotion between the CCC and RCC. He said the investment climate in Cambodia is attractive and the government policy is opened to the investors. In addition, the government is responsive to the issues faced by businessmen. The infrastructure now is well developed and railway is being reconstructed. This makes Cambodia even highly competitive compared to other countries in region. Next year, 2012, Cambodia will be the host nation for ASEAN summit.  This event is big. It will attract more investors to Cambodia. In this respect, Neak Oknha Kith Meng suggested Mr. Ambassador to promote and invite Russian investors to Cambodia. CCC will be supportive in any kind of assistance needed by Russian businessmen.

Mr. Ambassador believed that CCC and RCC would be able to enhance business cooperation and development between the two countries, Cambodia and Russia. So far some of Russian companies already operate in Cambodia. However, Mr. Ambassador would like to see more trade transactions in an organized way. This means rather than each individual Russian company seeking for partners in Cambodia by itself, RCC and CCC will help to match them. Mr. Ambassador invites CCC’s business delegations to visit Russia in October or November this year along with Cambodia delegates led by H.E Deputy Prime Minister Hor Namhong, Minister of Foreign Affairs and International Cooperation.

Neak Oknha Kith Meng agreed to arrange the visit to Russia and suggested Mr. Ambassador to send official invitation letter to CCC so that CCC could coordinate and invite its members.

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