Cambodian Prime Minster Samdech Akka Moha Sena Padei Techo Hun Sen and his Belarus counterpart H.E. Mikhai Myasnikovich presided over yesterday in Minsk, the capital city of Belarus, the first ever Cambodia-Belarus Business Forum, according to the National Television of Cambodia (TVK).
Addressing to the event, H.E. Mikhai Myasnikovich said it was a very important forum reflecting a long-term business perspective of the two countries. He also congratulated Cambodia on its economic growth of over 7 percent annually, which is a good sign for investment.
Both countries’ economies are not competitive, but complementary, said the Belarusian premier, stressing that there are many sectors for the two sides to cooperate for mutual benefit.
For his part, Samdech Techo Hun Sen highly valued this first ever business forum, underlining that it will contribute to the positive future of the business and investment cooperation between Cambodia and Belarus.
According to the Cambodian Ministry of Commerce’s news release, the bilateral trade volume between the two countries was less than US$3 million in 2013, but both sides were committed to increase it to US$100 million by 2015.
On the same day, the Cambodian premier visited a car factory and the National Library of Belarus.
The Cambodian high-level delegation led by Samdech Techo Hun Sen arrived in Belarus on Apr. 23 for a three-day official visit after ending successfully its visit in Azerbaijan.