Written by DAP NEWS -- Saturday, 10 October 2009
(Post by CAAI News Media)
The Cambodian Ministry of Commerce (MoC) and the World Bank (WB) have been working together to help promote exports of local product into international markets, an MoC press release said on Friday.
The World Bank provided US$30,000 through the MoC to help local enterprise and product associations to enhance the promotion of the Cambodian product exports to international markets, the statement added.
Companies and associations aiming at exporting their products to foreign markets may ask for technical and financial support from Export Market Access Fund (EMAF) administered by the MoC. This assistance from the MoC and the WB will help increase exports from Cambodia, the statement claimed.
There is also a focus on research into new potential export markets, and plans to take part in product fairs after companies and product associations gain standard licensing, a requirement for products to gain access to many foreign markets.
The fund should also support to service companies, the statement said.
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