Cambodia-Turkey trade volume reached $52 million

PHNOM PENH: During a working meeting on May 3rd, 2023, between Mrs. Tek Reth Kamrong, Secretary of State at the Ministry of Commerce, Mrs. Ülkü Kocaefe, Turkish Ambassador to Cambodia, and Zöre AKŞAHİN ŞİMŞEK, First Commercial Adviser of the Turkish Embassy, it was revealed that the trade volume between Cambodia and Turkey had reached approximately $52 million in the first quarter of 2023, which represents an increase of approximately 80% from the same period in 2022.

Cambodia's exports to Turkey include clothing, bicycles, mangoes, rubber, cassava, corn, pepper, rice, organic chemicals, and tobacco, while Turkey's potential exports to Cambodia include textiles and clothing, machinery and electrical equipment, vehicles and spare parts, and copper items.

During the meeting, Mrs. Tek Reth Kamrong urged the Turkish Ambassador and Ms. Zöre AKŞAHİN ŞİMŞEK to encourage Turkish businessmen and investors to invest in Cambodia's agriculture, agro-industry, and food processing sectors, with a particular emphasis on halal standards.

In response, the Turkish Ambassador expressed satisfaction with the increasing bilateral relations and cooperation, particularly in the realm of trade, and noted that Turkey had dispatched its first trade adviser and established a trade office in Cambodia to facilitate more efficient trade and investment between the two countries' private sectors.

At the meeting, Zöre AKŞAHİN ŞİMŞEK also shared 15 years of experience in the field, pledged to continue increasing the trade volume, connecting the private sectors of both countries and offering relevant training courses to share knowledge.

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