Sunday, 15 August 2010

Iran, Cambodia to set up joint economic commission

via Khmer NZ

August 15, 2010
Tehran Times Economic Desk

TEHRAN -– Tehran and Phnom Penh agreed to establish a joint economic commission.

During the meeting held between the Iranian Commerce Minister Mehdi Ghazanfari and the Cambodian Foreign Minister Hor Namhong, the two sides discussed possible ways to boost bilateral cooperation, IRNA reported on Saturday.

In this meeting Ghazanfari expressed Iran’s readiness to expand ties with Cambodia in different fields such as agriculture, industry, oil and petrochemical, exporting technical and engineering services and exchanging technical delegations.

The Iranian minister went on to note that Cambodia can play an important role in deepening Iran’s relations with ASEAN member countries.

Hor Namhong, for his part, also named tourism as one of the most important pivots in expansion of ties between the two countries.

The Cambodian FM also held a meeting with the Iranian Foreign Minister Manouchehr Mottaki on Tuesday.

The two countries’ trade value during the past Iranian calendar year (ended March 20, 2010) stood at $539,000.

Iran exported $120,000 worth of goods to Cambodia during the first three months of current Iranian calendar year (ended June 21), while importing $66,000 worth of goods from the Southeast Asian nation

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