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Cambodia looking to join EAEU

Aug 27th at 09:56
27-08-2015 09:56:56+07:00

Cambodia looking to join EAEU

Cambodia is seeking support from Belarus to become a member of the Eurasian Economic Union (EAEU), an economic block of countries that includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.

The request from Cambodia was made at a meeting yesterday between Foreign Affairs Minister Hor Namhong and the Belarusian Ambassador to Cambodia Valery Sadokho.

“It will be an important contribution into the regional and international integration of Cambodia,” Chum Sounry, a spokesman at the Ministry of Foreign Affairs said yesterday.

The EAEU aims to boost trade among member states with a reduction of trade barriers.

Lim Heng, vice president of the Cambodia Chamber of Commerce, said Cambodia and Belarus already share an established trade relationship and that membership in the EAEU will only help to increase economic activity in Cambodia.

“The more associations we join for investment, the better the development of the country,” Heng said.

phnompenh post

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