Davos (FN), Jan. 18 – Cambodian Prime Minister Hun Manet and the Japanese Minister for Digital Transformation Kono Taro agreed on the critical importance of digital data management. Samdech Thipadei underscored that Cambodia has embraced the digital system as an essential element for promoting economic growth and achieving the economic policies outlined for becoming a high-income country by 2050.

The premier received a courtesy call by the Japanese Minister for Digital Transformation Kono Taro on Wednesday (Jan. 17) in Davos, Switzerland.

During the meeting, Samdech Thipadei Hun Manet expressed pleasure in meeting with the minister and his delegation. He underlined the Cambodia-Japan relationship, which has reached the level of a "Comprehensive Strategic Partnership," marking the highest level in the history of Cambodia-Japan relations.

Samdech Thipadei thanked the Government and people of Japan for their continuous support of Cambodia, from the peace process to the country's development across all sectors. The premier also recalled his visit to Japan to attend the ASEAN-Japan Commemorative Summit for the 50th Year of ASEAN-Japan Friendship and Cooperation, during which Japan signed seven exchanges of notes, some related to cooperation on the development of digital technology in Cambodia.

On the occasion, Samdech Thipadei added that the Royal Government of Cambodia has prioritized digital technology, considering it a crucial component for fostering new sources of economic growth and realizing the vision of transforming Cambodia into a high-income country by 2050.

Japanese Minister for Digital Transformation Kono Taro expressed deep gratitude to Samdech Thipadei for the opportunity to discuss work. He praised the progress of cooperation between Cambodia and Japan, particularly in the field of digital trade and other priority areas.

Kono Taro informed Samdech Thipadei that, in the digital age, data is immensely important. He underlined that the Japanese government has developed an initiative on OECD data, covering various areas and serving as an effective tool for policy formulation and development, as well as promoting and improving people's living standards.

Samdech Thipadei Hun Manet agreed with Japanese Minister for Digital Transformation Kono Taro on the significance of digital data for the formulation of policy frameworks, considering it a roadmap and compass that contributes to achieving accurate results.

At the same time, Samdech Thipadei further underscored the development of financial technology in Cambodia, currently introduced by the National Bank of Cambodia through cross-border online payment systems to facilitate investors, traders, and the operations of small and medium enterprises.