Brussels (FN), Dec. 15 – Cambodian commerce minister Pan Sorasak urged EU businessmen and investors to choose ASEAN region for their investment destination.

Cambodian commerce minister spoke during the 10th ASEAN-EU Business Summit, held on 13 December 2022 in Brussels, Belgium.

Pan Sorasak mentioned that ASEAN and EU have worked together to achieve the main objectives of further strengthening and expanding relations between the two communities in various fields, in particular trade and business based on modern, resilient, and inclusive principles.

ASEAN and EU, as well as the whole world, have been severely affected by the COVID19 pandemic for three years and other global challenges such as geopolitical competition, trade wars, technology, climate change, and more. Fortunately, with the tireless efforts and cooperation of the region and with partner countries, including the EU, the two regions have gradually overcome the global threats and started the recovery process in all sectors such as economy trade, business, and investment.

Taking this occasion, Pan Sorasak highlighted the important role of the private sector as a driving force for the effective implementation of mechanisms set by the governments of regional countries.

Lastly, on behalf of the Royal Government of Cambodia and chair of the Summit for 2022, he urged all foreign businessmen and investors, in particular EU businessmen and investors, to choose ASEAN as a potential investment destination to start up or expand their business.
=FRESH NEWS