Seminar & Training
A major challenge of Cambodia’s future economic development is to diversify and upgrade its export based beyond the current breadwinners garment, footwear and tourism. In recent years much research has been undertaken to identify the main priority products for export promotion and the constraints of Cambodia’s competitiveness. One of the main competitive advantages of Cambodia is the favorable access to world markets. Besides its membership of ASEAN and WTO, Cambodia signed various bilateral trade agreements. Furthermore, in the status of Least Developed Country (LDC) Cambodia enjoys tariff-free market access to the European Union. Principally, this allows Cambodia to move on in successfully integrating into international trade and boosting economic growth. The example of rice which is now increasingly exported to the EU’s markets demonstrates these opportunities. As a proof, after receiving fully tariff-free market access to the EU’s market on rice product (in September 2009) within just one year several Cambodian rice millers, who had improved and actively promoted their product internationally, managed to become significant suppliers to EU rice market.
Pursuant to yearly work plan and activities the Trade Promotion Department organized Cambodian SMEs Product Show at the provincial level in order to introduce Cambodian made products to the end users and export on place. In coincide to this activities, a seminar entitle “Export Diversification and Export Promotion of Cambodian Products to International Markets” held at Hotel Somadevy Angkor on October 26, 2012. The purpose of the seminar is to introduce Cambodian potential products have been identifies for export promotion, markets requirement and export procedures.
Said, to the seminar His Excellency Mao Thora, Secretary of State of the Ministry of Commerce stress that, Cambodia is moving in term of product and market development if compared to the last 10 years. By far, we can see a lot of new products appear on the market while other products have been exported to international markets. His Excellency mention that, the Ministry of Commerce will speed up and do double job in order bring much the products to the markets.