PM heads for ASEAN summit tomorrow to boost economic ties

Oct 7th at 08:16
07-10-2024 08:16:07+07:00

PM heads for ASEAN summit tomorrow to boost economic ties

Prime Minister Hun Manet is leading a high-level delegation to participate in the 44th & 45th ASEAN Summits and related summits in the Lao People’s Democratic Republic (PDR) tomorrow to strengthen regional economic connectivity and resilience.

 

The 44th & 45th ASEAN Summits and related summits will be held in Vientiane, Lao People’s Democratic Republic (PDR), from October 8-11.

Mr Hun Manet is leading a delegation at the invitation from the Chair of ASEAN for 2024, Sonexay Siphandone, Prime Minister of Lao PDR.

Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation (MFAIC), Kith Meng, President of Cambodia Chamber of Commerce (CCC) and Chair of ASEAN BAC-Cambodia and other relevant ministers will accompany the Premier.

The summits held under the theme ‘ASEAN: Enhancing Connectivity and Resilience’ will focus on advancing community-building efforts toward realising the ASEAN Community Vision 2025 by utilising ASEAN-led mechanisms to foster cooperation and integration.

According to the Department of Information of MFAIC, the initiative aims to strengthen connectivity and resilience in the region and beyond, especially to address the present and emerging challenges effectively.

On the sidelines of the summits, Mr Hun Manet will attend the ASEAN Leaders’ Interface with representatives from the ASEAN Inter-Parliamentary Assembly (AIPA), the ASEAN Business Advisory Council (ASEAN-BAC), the ASEAN Youth and the 2nd Asia Zero Emission Community (AZEC) leaders’ meeting.

The Premier is also expected to hold bilateral meetings with ASEAN and world leaders to enhance relations for mutual interests, the statement added.

Based on a CCC press release, Meng will lead a business delegation to the ASEAN Business and Investment Summit (ABIS) 2024, which will focus on four key topics: ASEAN’s Positioning in Global Geopolitics, Enhancing Economic Connectivity and Resilience, ASEAN’s Role in the Global Economy, and the ASEAN Outlook on the Indo-Pacific.

The CCC delegation will also participate in the ASEAN Business Awards Gala Dinner 2024, an event organised to celebrate companies that have made significant contributions to ASEAN trade, economic growth and regional development, the statement added.

As Chair of ASEAN BAC-Cambodia, Meng will lead the council to join the ASEAN Leaders’ Interface with representatives of ASEAN BAC to review and seek possible solutions for common benefits.

Additionally, Meng and the delegation will have a meeting with Lord Vaizey, Chair of the UK-ASEAN Business Council to discuss potential cooperation to promote business and investment between the United Kingdom and Cambodia.

The ABIS is an annual event that brings together world leaders, CEOs, and senior executives from multinational and regional corporations. Organised by the ASEAN-BAC, the summit serves as a strategic platform to amplify the private sector’s voice in driving policy reforms and positioning ASEAN at the centre of global economic interconnectedness.

Speaking to Khmer Times, Nguon Mengtech, Director General of CCC said that ASEAN BAC is a platform that brings together business leaders from ten ASEAN member states to promote private sector engagement in the region’s economic integration and development.

“Each country was allowed to have three representatives, a total of 30 board members hosted by Laos PDR this year, to participate in the meeting where they will discuss all kinds of issues including economy, politics and security,” he added.

Mengtech emphasised that the meeting aimed at finding a fair solution, enabling all ASEAN member countries to collaborate effectively as a cohesive unit.

khmertimeskh



RELATED STOCK CODE (2)

NEWS SAME CATEGORY

Cambodia, US to strengthen bilateral relations, cooperation through trade and investment activities

Cambodia and the United States have expressed their commitment to reinforce bilateral relations and cooperation through trade and investment activities, according...

Angkor attracts almost 700,000 foreign tourists in 9 months

Cambodia’s famed Angkor Archaeological Park received 699,850 international visitors in the first nine months of this year, up 29.7% from 539,561 over the same...

IMF forecasts 5.5% growth for Cambodia in 2024

The International Monetary Fund (IMF) said on Monday that the Cambodian economy is projected to grow by 5.5% in 2024, up from 5% last year, driven by a strong...

Cambodia to send agri products directly to Guangxi Province

Cambodian associations inked three Memoranda of Understanding (MoUs) with the Chinese Customs Administration, Guangxi Province of China to facilitate the import of...

RHB Bank deposit campaign surpasses $100 million target

Celebrating the $100 million target achieved in the Luxury Deposit Campaign, RHB Bank (Cambodia) PLC, a subsidiary of the RHB Bank based in Malaysia, hosted the...

Cambodia attracts 4.29 million international tourists in first 8 months, sees 22.5 % growth

Cambodia welcomed 4.29 million international visitors in the first eight months of 2024, marking a 22.5 % increase from 3.5 million recorded during the same period...

Chinese investors urged to tap Cambodia’s tax incentives

Cambodia’s General Department of Taxation (GDT) has extended an invitation to Chinese investors to explore opportunities in the Kingdom, highlighting the attractive...

Cambodia exports car tyres worth $527 million in first eight months

Cambodia exported a staggering $527 million worth of car tyres, up 173 percent compared to the $193 million recorded during the same period last year, the General...

ARDB, GXAAS ink MoU to boost Kingdom’s agri sector

Agriculture and Rural Development Bank (ARDB), Cambodia’s leading agricultural bank, and the Guangxi Academy of Sciences (GXAAS) Tuesday signed a Memorandum of...

Exports to EU up 16 percent

‘The EU is committed to its partnership with Cambodia to promote the green and digital transitions and to accompany the Kingdom in its upcoming graduation from...


MOST READ


Back To Top