Cambodia, Saudi Arabia formalise MoU to boost bilateral trade relations
Cambodia, Saudi Arabia formalise MoU to boost bilateral trade relations
The Ministry of Commerce of Cambodia and the Minister of Commerce of the Kingdom of Saudi Arabia have signed a memorandum of understanding (MoU) aimed at promoting trade relations between the two nations.
The MoU was officially executed on February 6 in Riyadh by Cham Nimul, Minister of Commerce for Cambodia, and Majid bin Abdullah Al-Kassabi, Minister of Commerce and Chairman of the General Authority for Foreign Trade (GAFT) of Saudi Arabia, during Minister Nimul’s official visit to Saudi Arabia.
According to the Ministry of Commerce, the primary objective of the MoU is to enhance and diversify trade cooperation, as well as to facilitate and explore new trade opportunities between the two countries.