PHNOM PENH: Acting Head of State of Cambodia, Samdech Akka Moha Sena Padei Techo Hun Sen, has expressed his hope that bilateral trade between Cambodia and Singapore will expand to US$10 billion in the coming years, according to H.E. Chea Thyrith, Spokesperson of the Senate.
H.E. Chea Thyrith said Samdech Techo Hun Sen made the remarks while receiving a farewell visit from H.E. Ms. Teo Lay Cheng, Outgoing Ambassador of Singapore to Cambodia, at the Solidarity Palace in Phnom Penh this morning.
Currently, bilateral trade between Cambodia and Singapore stands at approximately US$5 billion, Samdech Techo noted, urging both countries to further strengthen cooperation in order to double trade volume to US$10 billion in the years ahead.
Samdech Techo Hun Sen emphasised that closer cooperation in trade, politics, economic affairs, and investment relations is essential for further deepening the partnership between Cambodia and Singapore, the spokesperson said.
For her part, H.E. Ms. Teo Lay Cheng highlighted the strong and positive relations between the two countries, particularly in the areas of trade and political cooperation.
