While containing the outbreak, Cambodia also sees COVID-19 as an opportunity for further reform guided by the government’s rectangular strategy to accelerate national growth and boost trades.
The insight was shared by H.E. Pan Sorasak, Minister of Commerce, while presiding over the opening of the ministry’s 2020 work review and 2021 planning recently.
Cambodia can seize the opportunity to boost local production to meet the emerging demand and diversify exports, he added.
According to the minister, Cambodia’s exports in 2020 rose by 16 percent and the country has managed to enter bilateral free trade agreements, promoted intellectual property rights and consumer protection, and digitalised platforms for more effective and efficient business operation.
At the same time, the ministry continues to build the capacity of its officials to meet both regional and global challenges and deeper reform.
Source: Agency Kampuchea Press