Singapore Eyes Cambodia as a Strategic Partner to Diversify Its Agro-Food Sourcing

Phnom penh: Singapore has expressed strong interest in expanding agro-food imports from Cambodia as part of efforts to diversify its supply sources, highlighting growing economic cooperation between the two countries.

According to Agence Kampuchea Presse, the interest was raised during a working dinner on Wednesday between H.E. Mrs. Cham Nimul, Cambodia's Minister of Commerce, and H.E. Gan Kim Yong, Singapore's Deputy Prime Minister and Minister for Trade and Industry.

During the meeting, both sides highly valued the positive progress in bilateral trade, which has shown notable growth. They also exchanged views on export opportunities with the aim of further promoting and expanding Cambodia-Singapore trade relations.

On that occasion, both sides also discussed the progress of negotiations on the ASEAN Digital Economy Framework Agreement, which is expected to boost the regional digital economy to US$ 2 trillion by 2030.