Cambodia-Thailand trade volume tops 1 bln USD

The trade volume between Cambodia and Thailand reached 1.279 billion U.S. dollars in 2006, 34.4 percent higher than 2005, local media quoted Cambodian Minister of Commerce Cham Prasidh as saying on Tuesday.

This is a remarkable and proud trade volume between the two countries, Cambodian language newspaper Kampuchea Thmey Daily quoted Cham Prasidh as saying.

The good trade relations between Cambodia and Thailand resulted from the border-crossing trade agreement which was approved between the two countries in February 2006, Cham Prasidh added.

Recently, Thailand has provided 340 kinds of products for selling in Cambodia without having to pay tax or paying very low tax, he said at a Thai Products Fair held in Phnom Penh from May 19 to 22.

High quality and luxurious products from Thailand are popular in Cambodian market, including construction materials, cosmetics, household goods, food, clothes, stationery, decoration materials and souvenir, the newspaper said.

Source: Xinhua