Saturday, 19 February 2011

Trairong confident about Cambodia trade relationship

via CAAI

Published: 19/02/2011 at 12:00 AM
Newspaper section: Business

Despite the recent border tensions, Thailand and Cambodia have agreed to move ahead with strengthening bilateral economic relations, says Deputy Prime Minister Trairong Suwannakhiri.

Mr Trairong, who led a Thai mission to Phnom Penh on Thursday, said Cambodian Prime Minister Hun Sen assured his visitors that the dispute would be contained to the border area around the 11th-century Preah Vihear temple so that the two nations could conduct normal trade activities.

The Cambodian premier also guaranteed the safety of Thai businessmen and investors with interests in his country.

Withaya Sukchomthong, a Thai entrepreneur in Phnom Penh, said he was finding it harder to sell Thai products these days due to scattered boycotts from small groups.

However, he said he felt the sentiment would be only temporary. He urged the governments to improve relations before the dispute starts to affect the competitiveness of Thai products against goods from China and Vietnam.

Kim Noreak, general manager of C.P. Cambodia, said it was stressing that Thai investments help strengthen the local economy. More than 90% of his company's employees are Cambodian.

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