Tuesday, 10 March 2009

Israeli trade delegation to visit Cambodia next week

Mar 9, 2009

An Israeli delegation is set to visit Cambodia on March 16, hoping to forge agreements in agriculture and telecommunications. The move is part of an Israeli effort announced last year to expand economic and political ties with Cambodia.

The Phnom Penh Post said last week that 30 Israeli delegates from the government and private sector would meet up to 40 Cambodian business leaders.

According the Phnom Penh Post Tzahi Selzer, the Israeli economic and trade attaché in Bangkok, said that 15 telecoms companies, as well as agriculture businesses, would be part of the delegation, according to the Post.

Also present would be Israel’s minister of telecommunications and minister of agriculture, along with possibly one other high-ranking official. Israel was ranked the fourth-largest foreign investor in Cambodia last year in terms of value of projects approved, with 2.75 percent of total investment, or 300 million U.S. dollars, according to Cambodian Investment Board figures.

1 comment:

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